Ok I am in the process of changeing out my brake system. Here are the new calipers and pads... when i test fit the pads into the calipers, why is there a huge gap? Is this right, will it fix itself when i mount the caliper and rotor?

 

I say NO. It should pull all together. Put it on and hit the brakes. then see if the space is still there.

I think you have it right.