Magento Homepage -> BestSellers Module for featured products

homepage_layout.xml

<reference name="content">
  <block type="bestsellers/list" name="home.bestsellers.list" alias="product_homepage" template="catalog/product/list.phtml"/>
  <!--
  <block type="catalog/product_new" name="home.catalog.product.new" alias="product_new" template="catalog/product/new.phtml" after="cms_page">
    <action method="addPriceBlockType">
      <type>bundle</type>
      <block>bundle/catalog_product_price</block>
      <template>bundle/catalog/product/price.phtml</template>
    </action>
  </block>
  -->
  <block type="reports/product_viewed" name="home.reports.product.viewed" alias="product_viewed" template="reports/home_product_viewed.phtml" after="product_new">
    <action method="addPriceBlockType">
      <type>bundle</type>
      <block>bundle/catalog_product_price</block>
      <template>bundle/catalog/product/price.phtml</template>
    </action>
  </block>
  <block type="reports/product_compared" name="home.reports.product.compared" template="reports/home_product_compared.phtml" after="product_viewed">
    <action method="addPriceBlockType">
      <type>bundle</type>
      <block>bundle/catalog_product_price</block>
      <template>bundle/catalog/product/price.phtml</template>
    </action>
  </block>
</reference>
 
<reference name="right">
  <action method="unsetChild">
    <alias>right.reports.product.viewed</alias>
  </action>
  <action method="unsetChild">
    <alias>right.reports.product.compared</alias>
  </action>
</reference>