Continuing on with the setup of my system, I thought I would go ahead and install Jetbrains' Webstorm and give it a go as an IDE given they have Meteor as a "first-class citizen." Here is what I did:
If you do not have a JDK installed, install Open JDK 7 from Ubuntu Software Center.
From https://www.jetbrains.com/webstorm/download/ get the latest
In the directory of the download unpack the WebStorm-*.tar.gz file using the following command:
tar xfz WebStorm-*.tar.gz
Run WebStorm.sh from the bin subdirectory.
If you want you can create a Launcher on your Desktop via gnome-panel:
gnome-desktop-item-edit ~/Desktop/ --create-new
Then, for the name something like Webstorm. :-)
For the Command text box browse to the WebStorm.sh file in the bin folder and select it as the command.
Also, you can change the icon that is displayed on the desktop by selecting the default icon and then browsing to the Webstorm/bin folder and selecting the webide.png file. Finally, select the OK button and you should be good to go.