I Have 8 24 Watt Veg Bulbs In It, This Is My Second Day Using This Lamp I Upgraded From Cfl's!! Malsauce
You should light only one or two bulbs and keep them at least 6-8 inches away while the plant is that small. As it develops more leaves, you can turn more bulbs on and move the light closer.
I like my plants to be a little warm under a fluro ..... 5-6 inches, up to 8" as said above is a good range to put the seedlings at.