Undo an "rm -rf ~" command?
Solution 1:
In general there is no easy way back.
You could restore from your daily backup.
Solution 2:
Others (such as @RiMMER, @Adam, and @James T) have mentioned that, for most filesystems, it's possible to recover most or all of your data (perhaps without filenames), because the data is not actually zeroed out, only removed from the file-table. This is not just true of Linux - the same is true of Windows and Mac.
However, no one has mentioned the most important thing - TURN OFF YOUR COMPUTER. NOW..
Many programs - including the internet browser you're using right now - will cache data to the hard-drive, and pretty much anything you do can cause your computer to resize/write to the swap file. Both of these things will write to free sectors on the hard drive, potentially overwriting your precious data.
Thus, turn off your computer, take out the hard-drive, and put it in another computer. Mount the hard-drive as read-only, and recover the files onto a separate hard-drive. When you've recovered everything you can of interest - and only then - write the files back to the original drive.