Looking at the rear of the car, my right rear tire isn't sitting straight up like the left is. I know those independent will allow an odd stance at times, but this wheel stays that way. How do you make adjustments to correct this?
Bigdaddy

It sounds like your strut rod bushings are shot. You can order new bushings and install them, or you can try to adjust them a little with the camber bolts where the strut rods join the differential housing to get your tires to sit straight...

My bushings were wore out, so I went ahead and replaced them, but I went a step further, I put in a set of adjustable strut rods, now I can crawl under the rear and with a couple of wrench's, adjust my camber settings whenever I need to...

Here is a link to the ones I bought... http://www.vbandp.com/detail.aspx?ID=498

Note:
Be sure to use some "Loc-tite" on the nuts after you set your alignment...

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Arizona Corvette Enthusiasts
Gone, but not forgotten

How would you adjust the rear ride hight?I could use about an inch.

To raise or lower the rear of your vette, all you have to do is crawl under from the rear with a large wrench, I think it's about 3/4 inch or larger.
At the outside end of the spring by each rear tire there is a bolt and nut, tighten the nut (up-wards) to raise the rear, and loosen the nut to lower the rear.

You can also use this same procedure to level the rear from side to side, just adjust the side that you want to go higher or lower...

If you don't have enough thread showing to lower the rear to where you want it, you will need to get some longer spring bolts.
Here's a link to some: http://www.vbandp.com/detail.aspx?ID=433