WOW! ONE MINUTE DESIGN ! ... i could do it in 20 seconds.. U can't really call that a logo, looks more like a banner.. or splash or entry page or something .. You should leave the audience rate your site before calling it a "cool logo style made in photoshop" ... you should brighten up the text, and if it's a logo, it should be more simplified. And use differant font, it's kinda hard to read.
Overall ill give it a .. 1 and a half/10 for effort.. good job