Frequently the best multi-touch gestures are done with a single finger. The advantage of using a single finger to manipulate a multi-touch surface are compelling. For one thing, a single finger gesture is frequently easier to execute than multiple finger gestures. And, in my opinion, single finger gestures can be much more intuitive then multi-finger gestures.As an example lets compare the ubiquitous "pinch" gesture popularized by the iPhone, which shrinks or stretches visuals, to the Linja Zax gesture developed by Linja Design Oy of Helsinki
Another example is the Swype keyboard developed by Swype of Seattle, Washington. Swype allows you to enter text by dragging your finger and pausing on keys rather than thumbing, henpecking or touch typing. It's really handy with small devices. Swype allows you to type fairly fast or even really fast when combined with predictive logic. It's a nice alternative to pecking away at a keyboard on a small device.
There are plenty of other examples of nice single finger gestures including the archetype button press, but also other less known examples like the “tack” in which you start with the tip of the finger and roll on to the pad of your finger to indicate tacking something down (sorry I can't find the video that shows that one).
The point is: when talking about multi-touch we should not insist that multiple fingers be used at all times. What is more important is that multiple fingers can be used to allow social computing or more sophisticated gestures. In general, however, I think multi-finger gestures should be used sparingly. Why use two or three fingers (or sometimes a whole hand) to do what can be done with one finger?
Of course its easy to see people going overboard with this – like videos I’ve seen where user have to memorize a number glyphs in order to request menus or help or whatnot. Single-finger gestures are extremely important tool in multi-touch design but like all gestures they should be intuitive and discoverable.