When ArcGIS Explorer starts it opens a default map and data from a home server, which by default is hosted by ESRI (ArcGIS Online). The home server controls the startup map, resource center, and the look & feel and behavior of the application.
You can set up your own home server; it's a machine that hosts the default map and has a collection of XML configuration files and resources that control the look and feel of Explorer, the default map (including tasks), user capabilities, and other elements of the user experience. The home server can also notify ArcGIS Explorer when updates are available, and by setting up your own you can control when these updates get pushed out throughout your organization.

To setup your own home server, download the home server files from the ArcGIS Explorer download page.
Once you install the home server setup, a good starting location is the ArcGIS Explorer Home Server 500 Help system documents. These will be installed on your machine under the Start menu > ArcGIS > Explorer Home Help 500, or you can just access them from their online location.
The Help explains what a home server is, configurations you can make with the home server, how to administer task downloads, and migrating from a previous version.
If you've already setup a home server prior to build 480, the migration document offers useful information.
Home Server Q & A
Here's a few common questions that ESRI's support staff receives, with answers:
Q. Does a home server require ArcGIS Server?
A. No, a home server does not require ArcGIS Server.
Q. Can I change the startup splash screen, add logos, or change the north arrow?
A. Yes, all these can be changed.
Q. Where is the help for setting up a home server?
A. The help resides online here:
http://services.arcgisonline.com/arcgisexplorer500/home_server_help/
and is also downloaded to your install location of the home server files: C:\Program Files\ArcGIS Explorer Home 500
Q. Can I change the startup map, or other layers that appear when a user starts Explorer?
A. Yes, just author the map with the layers you want, then use it as your new home server default map.
Q. Can I change which tasks appear by default?
A. Yes, just add or remove tasks to suit, then save the map, and then use it as your new home server default map.
Q. Can I control which things a user can do? For example, can I prevent them from opening a new map?
A. Yes, menu choices can be disabled so certain functions can't be performed or certain things can't be changed.
Q. Can I control when updates are made available to my Explorer users?
A. Yes, if you implement your own home server you control when/if the "update available" messages appear. Users connected to your home server would only see the “update available” dialog when you decode you want to push the update to all users.
Q. How do I migrate from my existing Explorer 480 home server under c:\inetpub\wwwroot to the new one under C:\Program Files?
A. Just follow the steps detailed in the migration document and you can copy over the modifications you previously made from the original location to the new location.