Vclaw
4
Most of the common tags used in OSM should be listed on the map features page: http://wiki.openstreetmap.org/wiki/Map_Features
Or specifically for the highway tags: http://wiki.openstreetmap.org/wiki/Key:highway
Re your specific question, for the tag highway=cycleway, that means its just a cycle path, so probably not suitable for motor vehicles etc.
Whereas if the tag is something like highway=primary or highway=unclassified etc, that means its a road. Plus if the way also has a tag of cycleway=track or cycleway=lane that means there is a cycle path or lane next to or on the road.