I think the scale of the illustration and the vertical element are too similar and it's throwing it off. I'd like to see more of one or the other. The type is difficult to read as well. For some reason I'm reading water.
very nice design. i like how everything is so dynamic. and don't bother that other comment. there's nothing wrong with the type or illustration. it's a style. i get it.
my only question is do you have to repeat "metalman" so many times?