The banner is fantastic.
I think that white space (containing the following links “login name| edit log out “) above it takes aways from it’s banner-ness (?), breaks the flow of the awesome RED richness!
Would it look better to have login/logout links below? I haven’t an opinion on this. I played around with “paint” just to see what it would look like (see non-expert attachment :P). Umm, I actually can’t tell if it looks better there. Probably doesn’t?