Hilandor, the "crop factor" is something that you don't really need to worry about if the 350D is your only camera. The only reason that anybody needs to even consider the "crop factor" is when comparing shots taken by a 35mm camera (or a "full-frame" digital) to shots taken by a 350D, for example.
In other words - assume that you own a 350D, and you see a shot taken from a known place or distance with a 35mm camera and a 100mm lens. You want to figure out what lens to use on the 350D to duplicate the shot with your camera. You would divide the 100mm by 1.6 and select something around 62mm.
As said above, LENSES DO NOT CHANGE when applying them to cameras with different formats. Only the field of view changes.
Something that is very important to know about your 350D is that a "normal" lens for it is about 28mm to 31mm, depending on your frame of reference. For a 35mm camera, a "normal" lens is about 45mm to 50mm. Any lens with a focal length shorter than the "normal" is classified as a wide angle, and any lens with a focal length longer that the "normal" is classified as a telephoto.
Folks often ask for and get recommendations for focal lengths to do certain tasks (like portraiture) on this and other forums. The responses frequently do not contain the format of the body used, and this can become very confusing. Always make sure that, if you are trying to use this sort of information, that you understand what format the focal length relates to. It can make a significant difference. For example, with 35mm cameras the most-often suggested portrait lens would be about 80mm. For the 350D, the equivalent (again, a calculation with the "crop factor) is a 50mm lens. Use an 80mm lens on the 350D, and you will find that it is usually a bit too long for portraiture at normal camera-subject distances.
Hope this helps your vision of the "crop factor".