It's nice to see new ideas. i prefer blue and organge, than teal and yellow. also would like to see a more web 2.0 feel. Remeber the logo will be like the banner of a league, so a part from being a cool word, it should look/fell like some kind of emblem. Maybe like something you would put on a pin.
#70 I like the changes, some comments: 1. i can't read "online" and " a new way of life" 2.I don't like the sharp edges on the sides 3. the hole concept nees to feel a little bit more integrated.