The reason your answer is negative is because you got the order wrong. You wanted the larger, higher valued functions area, minus the smaller ones. You will see for values from 0 to 8, your bounds of integration, the y^5/64 may be smaller than the y^2, and may be larger. So you must split up the integral where the functions intersect.
They look like they intersect at 4, let's say 4 for the sake of simplicity, when you do it, you have to solve [tex]\frac{y^5}{64}=y^2[/tex], you can get that into a simple cubic. I am pretty sure its 4 though.
Before 4, y^2 is larger, so the area here is [tex]\int_0^{4} y^2 - \frac{y^5}{64} dy[/tex], after 4 the area is [tex]\int_4^8 \frac{y^5}{64} - y^2 dy[/tex]...
EDIT: For the washers problem, multiply this result by 2 pi as required.