Trying get the balance right with this icon so it appeals to a wider market than just the young male gamers I think I've achieved it with this controller icon, which also has a hint of pacman look for the older gamers, girls and parents, yet keeping it modern and slick. The colour can be reversed easily for whatever background its required on. Hope you like it.
Another very Interesting concept. If it isn't much work for you to do I'd like to see if you can implement something that came to my head right after seeing this.
I think this would look very slick if it was placed within a gamepad or possibly even a game console. I'm picturing a gamepad similar in shape to a Playstation 3 controller, but white in color and with #14 sitting directly in the middle as a controller might have if "GamingRivalry.com" made them. Since the buttons would be colored already on the controller you could simply remove the buttons within the logo (assuming it would look off having the buttons there too?) and put a gray shape there instead. The shadow would probably not look right on the controller I wouldn't think either. Add shading, etc to give it depth.
Alternatively another idea is to draw a top down view (either directly top down or at a slight angle) of a square game console (think Sega Dreamcast or the original Xbox if it was white). You could of course leave the logo as is for this, just put it on a gaming console.
As is this logo is definitely competitive for the top spot which will be determined by polling others about the top designs.