I think the idea is that it should land on Christmas day.
From what I remember from a documentary about the Huygens probe, it should fall through the atmosphere of Titan and rotate very slowly, taking pictures and using a spectrometer to find the main elements on the moon. It is expected that Titan would a very large water atmosphere, with huge glaciers.
The documentary, Horizon, also suggested that Titan has the ability to support life. It is thought that the liquid water could react with the atmosphere to make amino acids, unfortunately because Titan is so cold all water is ice. However, scientists have suggested that there could be water volcanoes on the surface of Titan, and that there is a lot of water under the surface of the moon. If this water could reach the surface via a volcano and react with the atmosphere, there is a chance that the creation of amino acids is possible.
I cannot remember what its atmosphere was. I thought it was hydrocarbons too, but I'm not sure, I'll try and find out.
ESA has a habit of doing big things on Christmas Day. Last year the Beagle 2 Mars probe was supposed to land on Christmas Day, but unfortunately we never knew what happened to it.
Anyway, it was a very informative program. ESA aren't exactly known for their wonderful explanations!