Hi Yanati,
I dont know what u did but your logo seems to stand out a lot ;-) What we would like to see is other variations based on the same layout and graphics. Maybe you should refine it better by working more on texture lighting, glossy, etc. We'd like to see a modern web 2.0 layout! Despite all of this, the logo you just came up with seems to have the right space & visual balance we need.
Keep up the good work.
Steve