SM-Count wrote:
Your lighting is weird, like you have three different lights that don't relate to each other.
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+1
The lighting is definitely throwing it off a bit. Also, on your W on the left hand side about 3/4 of the way down it looks like you haven't completely blended in the splash. The top of the E has a dark blue line where the splash it coming out, kind of throws off the effect.
I think you could totally tone down the effects of the splashing, go with a couple well placed ones that look the cleanest (like the middle of the W looks great) and focus on the lighting/color.