Working on Logos

I've been working to come up with a logo that will be easy to stencil or screenprint with the hopes of doing some shirts or other graphical swag to use as prizes at events, maybe even to sell. Here's what I'm using now:

...and here's where I'm headed:

It's a little cleaner, hopefully easier to cut into a stencil. I'm not 100% happy with the text. I'd love to have somebody take this and do a woodcut. The way things usually go with me, I'll probably just have to learn how to do it myself.

I'd sure appreciate some input on this. Would you pay good money for something with this logo on it? If not, what would make it a gotta-have-it item for you? Comments below!