How can I show different content for different user-levels?

This thread at wordpress.org – http://wordpress.org/support/topic/content-shown-based-on-user-role – suggests using the ‘current_user_can’ function

This thread – http://wordpress.org/support/topic/display-a-custom-image-only-if-user-role-is-contributor – suggests you can use it like ‘current_user_can(‘contributor’)’ for different roles.

I haven’t tried it but it sounds like it should work.