Perhaps a little bit too 'Elegant' like we're in the business of selling fine arts; but the overall simplistic style was well received by the team. We'd like to see that certain 'something' that makes our name stand out to the eye though, and works well with our overall motto/background of the Studio story/feeling.
The team loves #11 - The only extra comment is that we would probably go with something else that also included the "A" since we do go by "VAStudios", "VAS" or just "VA" sometimes. Perhaps a little more 'pop' between the Vigilant and Addiction to show that natural Good Vs. Evil feel that being "Vigilant" and "Addiction" gives off. Kind of like what you already have with the red under-swoosh in the logo. You're certainly on the right track!