Hmm, I don't like the outer glow you used on the main cut. The pics in the background are too red and have that 'over saturated' look. The placement of the bottom two is not good either, I would've probarbly put them on the other side of HBK's arms.
I actually like the text, although it's kinda big. I like the crosshatch blur motion coming off the text too, that's cool, toned down, would look hott.
So if I was to compare the graphic to a smiley, I'd give it a: :cussin: