The new VSX logo: what exactly is that thing?

It doesn't have the VS look, it doesn't have the new cool Expression-wave look... nor the Silverlight one... nor the Live one...

It is... a..., it is... the new... VSX logo (disclaimer: not closing your eyes at this time may hurt them):

I can anticipate some of the promotions that could be run for the new logo:

"...Get a free VSX t-shirt with the new VSX logo on it, and we will even send you a $10 check if you're brave enough to wear it!..." :-)