I don't mind it, but it's far from perfect. I think they should combine both this new logo and the Whistler Beta logo. Of course keeping the blue metro style background. It's just the flags seem a lot more appealing than regular old windows. That's mainly what made the 9x logos so good, they weren't just some normal styled objects, it was unique in it's design and that's what made it stand out. The Whistler logo would probably go well with it being that it's practically just a white xp logo:
Yes the editing in was quite poor on my part, but you have to admit, it looks better than the logo they're using now.