Ok. In excel 2003 I could adjust the layout of a picture and have it "behind
text", in excel 2007 there is not that option for pictures, for drawing
objects you can do it but not for pictures, so how can I insert a picture
into an excel file and have it print out behind the text?

this question is specific to Excel 2007

also setting the image as a watermark is a waste of time for what I need.

really glad I have not "upgraded" my home machine to office 2007