I installed K2 and love it. Only problem is displaying the content. Under my home page, I am using the K2 content module. Heres the link:

rategamer.com/

Its called "Headlines". Problem is look how much space there is between the entries. How do I eliminate all that space. Also how do I position these images where I want, say to the left of the title? Please help me as this is all thats left before my website is ready to go..thank you.

use firebug for firefox to inspect your page and find out what line of css you need to edit to change the spacing.

there are template files for the module that you can edit also if you want to rearrange where things land.
look here
/modules/mod_k2_content/tmpl

you can copy the default folder to make multiple templates which you can then select from the module params.