Can you give a 3D look to the spheres. Can you transition the colors on the symbol to fade from black to red and vice versa. Maybe play with that concept a bit.
Nice job...could you try more of a metallic sheen on the spheres and choose a font such that the word is symmetrical about the "L" with the "S" the same width as the other letters and the "L" shorter...like the test in #97. The half reflection is excellent, we like that. Also I think all black text and not bold would look great.