Yeah, I like things better without the big shape, don't you?
Your typography seems to be a real strength. Maybe build on the letters forming visual shapes, etc.?
Our biggest competitor is Waterway Guides (www.waterwayguides.com). Unfortunately, they are doing something pretty similar to your
#98. And North Sails logo is very similar to your
#99 (www.northsails.com).
Great minds think alike!
You may be able to get some mileage out of our diminuative, people refer to us as MTW a lot. And you can probably use that letterform as some kind of graphic anchor.
Thanks again for all of your hard work. I hope this feedback is helpful to you.