I wanted to know where (on BOINC STATS) I would find the present time...Id like to know because the time that I "last contacted" is past the time that it currently is...can the current time zone be set? along with the 12 hr or 24 hr clock?

Current time is in the bar on the left just above the scheduler status and shout box.

All times are GMT.

just to clarify...Im seeing:
Last daily update:2008-02-08 17:47:02 GMT
11:12:30 ago
Currently online:13 members67 guests
Statistics status:Waiting for next update
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so i would add the "ago"time to the "last update" time and then adjust from grenich time to eastern time (so minus 5 hr)- yes - that does seem to be accurate and work...I was just hoping there was an easier way...

If you go to the BOINCstats item in your BAM menu, there should be an option for BOINCstats server time with a check box to show in menu. Check that and you will get the actual server time at the time the page loads.