I am having some difficulty locating where to change the header on the front end editor, I would like to replace the k2 logo with my site logo and change the text that says add item to something different. Any help on this matter would be greatly appreciated, I am using latest version of Joomla 1.5.20 and the latest version of K2.ThanksChad

I am not sure but i think that is controlled by
C:\xampp\htdocs\k2\components\com_k2\views\item\tmpl\form.php nad this would be a good place to start looking.
Be sure to try to override this in your templates/html directory ( think that is dooable)