I like where the logo is going, but if I may, I am not comfortable with how the logo meets with the site name. At first, I read it as xcili.com I would suggest, keep the red "headphones". That's graphically solid. But instead of all of the O (why?), try using just one. Have that merge with the site name. I think it would clean it up alot. My two cents. Take it for what it is worth.
One suggestion from my end, use a red color for the last O, so people will read it as oxi.. and not just xi.. if you can make the O (now red) look like the other end of the headphone, then thats even better.