I agree.
Printable View
Don't you think the second one would look better if you narrowed the shape to cover just 'zed' and made the 'tu' green at the side?
Like, I coughed this up in photoshop in a matter of seconds:
http://www.justupload.net/uploads/03062708zedtulogo.jpg
Nice one! You put writing in a red box with some shadow! your mint! ... I hate em both.