the logo looks good..but if you have some good color combination with the background I think it's much better..if pink the best color combination is blue..it shows the text more dominant from the logo.Try to look out the logo below it's really unique and more dominant and eye catchy right? if you want something 2.0,change the text to rounded shape like Vagrounded and make it shining like grooveshark.com it's much better..that's my comment. p/s:If you like me to redesign your logo,please PM me the request..thanks