Hey Wayne,
The colors first - when you are in the administrator section of the site on the top menu go to
Site > Template manager > Site templates there you should see the name of the Versatility template. Select the button on the left and then go to the large menu on the top right and select edit html. That will open up the index.html file of the template. The following picture image should show you what you will see and what to change:
www.elysiandesigns.com/index.jpg
Second - RG_Emulation first - In your root folder where your site is hosted look for a file called globals.php if you download it you can edit it. Here you need to search for the following code:
define( 'RG_EMULATION', 1 );
and change it to
define( 'RG_EMULATION', 0 );
Then upload it back to your host.
Third - Do you want to change the logo to something new or change the letters to read the name of your site? If you just want the letters changed let me know what style and what you want it to say and I would be glad to change it for you.
Fourth - Once you get these done I will show you how to add a slide show and pics.
Most of these things you can do with a little assistance and I would be glad to help.