Thanks for the new entry you submitted with the icon. I see you are trying to achieve a grasping effect but its a little to detailed for reproducing in print at small size. I noticed that you seemed to go to the other extreme with the text in the new version. I really like how you stylized the earlier version, maybe something in between.
For reference with the icon (
http://www.mcgrey.net/GraspConcept.jpg)