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- the big circle (O) looks like a bomb- something with the fire, is that the idea? as u said, OX means oxygen but then the O is like a bomb- doesn't fit.
- you have an advantage of having X as ur last character, you can utilize that shape and create something out of it.
- the boxed custom web services text doesn't match with this style, drop the box- keep the text simple, may be just underlined.
- the inner shadow effect (light blue/dark blue) u have for the text and the O- that is web 2.0- and that effect is already overused on the web, i would stay away from that especially for a logo.
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Abhishek Kumar commented:i was talking about the flames on top.. and if u r making bubbles at the bottom, let it look like bubbles- u do have circles but more than bubbles they look like just round pieces coming out of big O.. bubbles have its own character (they are not always a perfect circles), use that.
- the big circle (O) looks like a bomb- something with the fire, is that the idea? as u said, OX means oxygen but then the O is like a bomb- doesn't fit.
Do you mean bubbles coming out from X!!!