Blink,
It's an interesting approach. I am not a fan of the color scheme in #118... it reminds me of ice. I much prefer the flatter color scheme of #111. The 'folded paper' approach is clever, and appeals to my love of the Japanese aesthetic. I'm a little worried that this would not work well when reduced in size. I'd be curious as to how you see this being rendered as a favicon. The 'fold' lines maybe a little too thin.
I'm also not fond of the font. I like the font in
#17 much better.
Just in case you missed the note, I'm looking for a fairly minimalist icon that can also be used as a watermark on my photos. Lastly, I'd like the icon to work in very small 16x16 'favicon' format for my web site.