You are the MAN!!! Thank you I now have it the way I want. Just in case anyone else is looking for this, here is what I ended up with for searchform.php and the CSS.
searchform.php
<form id="searchform" method="get" action="<?php bloginfo('siteurl')?>/">
<input type="text" name="s" id="s" class="textbox" value="Search the Site" onfocus="if(this.value==this.defaultValue)this.value='';" onblur="if(this.value=='')this.value=this.defaultValue;" />
<input id="btnSearch" type="submit" name="submit" value="<?php _e('Go'); ?>" />
</form>
CSS
#search {
position:relative;
top:60px;
float: right;
margin: 0 20px 20px 0;
}
#searchform input {
color:#000;
}