Is there an OSX equivalent of Task Manager where you can monitor CPU/Memory utilization in real time?

Sure is. It's called the the Activity Monitor. It's in Application>Utilities>Activity Monitor Tip: You can change the dock icon to show you different stats via graphs and pie charts.

Like CPU usage or Memory usage. Just go to the View menu and you'll see Dock Icon. From there you'll see your list of options.

Very handy to see what apps are being dogs. You also may want to download the free iStat Pro or iStat Menus from iSlayer. http://islayer.com/apps/ They also have a killer iPhone stats app that will show you iPhone stats AND your Mac's stats when on the same Wi-Fi network.

Pretty sweet.

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