Inigma,
I was under the impression that Fyron had wanted me to do a logo, but if you want it to be a contest then that's fine. But do I get 33% credit for your warp point cut and paste from the SE.net logo?
Narf,
The text itself is actually not slanted at all. I've just made it wider and used an arc to create that appearance. I don't have any trouble reading the text, with a minor exception for the red planet text which has a bit of texture applied.