Internets! I need your help!

I've been working on this super-secret web design project, and I'm really enjoying myself. A lot. So I thought, you know, maybe I could do more of it. So I'm making this thing. I hesitate to call it a company yet, but that is the general idea.

Anyway... I need a logo, and after a bunch of sketches, I came up with this. This thing I like. The question is, do you like it? What bits are good, what bits not-so-much? Or is the whole thing rubbish? Tell me true, Martha... I can take it.

After we get this sorted out, I will get crackin' on the old homepage-o, and I will post my progress for further critique.

Without further ado, here is the vectorige (I initially spelled this "vectorage," but it seemed very angry; I though you should know):

p.s. I just realized the kerning on "web" in the upper left is total crap. Forgive me for being too lazy to fix it right now; I'm hungry.