I agree with most of the posts...it took me a minute to read the L in slurp and understand what word it was...I would still use the glass just move it to the perhaps infront of mindslurp so that one looks at the image then the text.
It is more attractive than the previous one. Adding a little gradient from top left corner with white and blue colors will look more charming and fresh.
simple but its nice..i like it..but i think you should add some graphics so it will look more fantastic..but anyway..i like it..^_^