F-Mode: Tx switch to select different sets of throttle and pitch curves. With a CC set RPM governor setup, have normal mode throttle curve set to 30%, IU1 at 60, and IU2 at 100. Pitch curves at 40-45-50-75-100 for normal and IU1 and IU2 at 0-25-50-75-100.
Ikon banks: These can be slaved to your F-Mode switch, but I personally fly with them on a separate 2 or 3 position switch (gyro on the DX7s for a three position switch). This selects between the bank settings you create in the ikon software either using the four supplied presets (basic, sport, 3d, harcore/extreme 3d) or any tweaking you want to do using agility slider etc. You also set if each given bank setting is going to have self-level enabled or not, and governor enabled or not. Governor in this case is the ikon governor. Since you are using the CC gov you will not have these boxes checked. SL is generally only put on one of the banks settings.
D/R: These are "Dual rate" and exponential settings on cyclic and rudder controls. These can also be slaved to F-Mode, put on the same switch as the bank settings, or put on yet a different switch (or switches). Technically you can assign each of elevator, aileron, and rudder D/R settings to a separate switch per control axis. I generally assign them all to a single switch, the switch is not F-Mode or bank on my setup. However, it does make some sense to assign to the bank selection switch, IMO. Why? Because part of the bank settings on the Ikon includes exponential setup and a form of dual rate (lower agility settings in a bank roughly translate into lowered D/R values, though not exactly the same thing). So you may well find you want to have D/R/Exp settings in your transmitter matched up with the bank settings in the ikon. On the other hand you may like the ability to tweak bank settings with set of D/R/Exp options on the Tx. IT's entirely up to you and you will likely change your mind as you gain experience and play around with things.
If you opt to continue using CC governor, make sure to ask any questions you have on the setup. There's a lot already covered on it on the forums and in videos around the intertubes, so search around too. And, as Lee said, if you want to start off with normal ESC mode (no governor) that's perfectly fine too. I would, however, suggesting getting the governor setup before too long as this size model will definitely benefit from it.
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And on the tail stuff. IN the ikon setup there is a tail setup section. When you are on that at center stick the servo is centered and that is where you should mount the horn and adjust the linkage for center. Then you setup the full left and right deflection amount as described by the software.
When you are not in the software and just running the setup normally, you will see that the tail does not return to center when you move the stick a bit one way or the other (or if you twist the model a bit in either direction). This is because it is in heading hold mode. If you want to see it return to center, adjust your gyro amount in the Tx to a negative value. This puts tail control in rate mode and the tail will re-center when you let off the rudder stick. I usually assign the gyro control to a 2 or 3 position switch (not F-Mode, bank, or D/R) with my top position at a heading hold value that I fly with normally, and then the bottom position in a rate mode so I can flick the switch down and then up before spool up so the tail is centered and doesn't try to dart anywhere on take off. If it is a three position switch then I can use the middle for an alternate heading hold gain setting, useful while tweaking during initial test flights. Some also have gain settings different for normal and idle up flying.