Protected Part of a Page

I've been searching the net for a tut on this but I can't find anything.

Here's the scenario. I want to place something (a text widget) on the homepage of my wordpress blog that only registered users will be able to see. How am I going to accomplish that?

 

Anybody?

 

You could try something with php;

<?php

if(isset($_COOKIE["cookie"]))
 {
  include("widget.txt");
 }

?>

PHP:

 

I'd suggest something similar to this and then including

else echo "You must be logged in to access this content";

PHP:

or such. Maybe include a link to login and register. It might lead to a few registrations.