Taking a tutorial and in sculpt mode the trainer shows and uses a variety of tools under the Tool menu in Sculpt Mode. He was using 2.6. I now have 2.69, but didn’t see them in 2.68 either. Attached is what was there in 2.6.
The tool menu has moved in the bottom header, where there is “View”, “Sculpt” , “Brush” , “Hide/Mask”.
Click on “Brush” in the bottom header and you’ll see the sculpt tools.
The big thumbnail on top of the panel is is for the sculpt Brush, not the sculpt Tool.
You can assign a different tool to a selected brush, by example in dyntopo you can assign the Simplify tool to the Clay brush etc…