If you
are outside the penumbra you see the whole sun.
If you
are in the penumbra you see only part of the sun.
If you
are in the umbra you cannot see any of the sun.
The
fact that the moon is just barely big enough to block out the sun results from a
coincidence:
The sun
is 400 times bigger than the moon, but also almost exactly 400 times further
away.
The
orbit of the moon is elliptical.
At perigee it can block out the full sun
At apogee it isnt quite big enough, giving an annular eclipse.