There are as many metrics as there are ways of giving events coordinates, i.e. an infinite number.
It might be useful to talk about metrics in a more familar context - the surface of the Earth. It is convenient to represent locations on the surface of a spherical Earth by two coordinates which we call lattitude φ and longitude ##\lambda##. This is not the only possible approach, but it's a very common one.
Suppose you have two points and we want to know the great circle distance (the distance on the Earth's surface) between them. You can look up an exact function for the "great circle" distance between two points on the Earth's surface, this goes like
http://en.wikipedia.org/wiki/Great-circle_distance
##s = 2\,\arcsin \left( \sqrt {\sin^2\frac{d\phi}{2}
+ \cos \phi_1 \cos \phi_2
\sin^2 \frac{d\lambda}{2} }
\right)##
This is rather complicated and doesn't illustrate the concept of a metric yet. The metric comes into play when we approximate the above, for "nearby" points. If you're familiar with taylor series, we can just use a multi-variable taylor series. The result then becomes the much simpler formula
##ds^2 = dφ^2 + cos^2 φ \, d \lambda^2 ##
If you compare this to the "Schwarzschild " metric, you'll see that it's rather similar, it's a quadratic equation, or bilinear form. Symbolically
## ds^2 = g_{φφ} d φ^2 + g_{\lambda\lambda} d \lambda^2 \quad g_{φφ}=1 \quad g_{\lambda\lambda} = \cos^2 φ ##
But there is no time involved, it's a "distance" metric, not a space-time metric. A little more on the time part later.
So, our metric is just a function that converts changes in coordinates to changes in distances - for nearby points.
You can think of a metric as also representing how distorted a map made using your coordinates will be, if we draw it on a flat sheet of paper.
In the example above, we can see that near the equator, the metric is diagonal, indicating no distortion. Near the poles, ##g_{\lambda\lambda}## goes to zero, indicating large distortions.
We could choose different coordinates (a polar projection) to make the poles appear less distorted - but then the equator would be distorted. We will never be able to represent a curved surface undistorted on a flat piece of paper.
Note that if we choose different coordinates, we get different values of the metric components. The values of the metric components tell us how distorted are maps will be, but they aren't anything physical in and of themselves, by choosing different coordinates we will have different metric component values.
The above is how spatial metrics work. Let's go back to the space-time metrics.
One of the things one learns in special relativity is that time, and distance, are not fundamental. What's fundamental is the "Lorentz interval" ds, which is giving by the Minkowskii metric.
If you want to know more about the Mnikowskii metric, you'll need to learn more about special relativity.
It's tough to say a lot about GR without learning more about SR first. One thing we can say is that the metric coefficients for space-time tell us how distorted our representation is, just as they did in our simpler example on the Earth.
Metrics that approach the Minkowskii metric (or the various spherical forms of it) represent undistorted space-time.
i.e
##ds^2 = dx^2 + dy^2 + dz^2 -c^2 dt^2## is a cartesian form of the Minkowskii metric
##ds^2 = dr^2 + r^2 d \theta^2 + r^2 cos^2 \theta d \phi^2 - c^2 dt^2 ## is a spherical form of the same metric.
As the metric coefficients get to be significantly different from their Minkowskii values, our representation of space-time is becoming more distorted. Unless we know more , we can't say for sure whether this distortion represents an odd choice of coordinates, or whether it reflects effects that are due to actual space time curvature. We can always change coordiantes to make the distortion go away at anyone point, but in the presence of actual curvature, we can't choose coordinates to make it go away everywhere.
If you compare the Schwarzschild metric to the spherical form of the Minkowkii metric, you can see that it's similar, but become very distorted near r=2m, where some of the components vanish, and others become infinite, indicating infinite distortion.
It turns out that this is a coordinate distortion, similar to the way that we had vanishing metric coefficients near the poles of the Earth with our lattitude-longitude coordinates. But it takes quite a bit of math to demonstrate this.