Need help redrawing this logo.

[coningham]

You blend the colors using a gradient. In this case, you should use the gradient mesh tool.

[geminiguy]

I had some trouble opening the file (as I use Linux) but happy to say, it can be opened with "Gimp"!!
I understand you're using CS3 for this but just offering different avenues for you.
Gimp is available for windows:
http://www.gimp.org/~tml/gimp/win32/

From within Gimp you can convert the file to work in Xara, etc. So, hopefully that helps a little in the future as well?? CS3 is nice, but it is also nice to have a few other options too.

The possablities with Gimp as well as Xara, and even InkScape are really great, especially if you are unfamiliar with CS3, etc. (the fore-mentioned softwares are more "user friendly") when it comes to newer users... and can greatly help in understanding the workings of CS3 and alike...