The icy C makes me think someone had a dyslexic moment and wanted to make a "CryogenicBullion" logo...
Thanks for the constructive feedback, much appreciated.

Your efforts are greatly appreciated and I like the look. However, we are looking for something a bit different than your typical "coin" logo. My intention was always to have something more along the lines of a hybrid of a block of ice and a block of bullion. Someone provided the following image which I believe to be a good template. Clean, elegant and oozes affluence.
http://commons.wikimedia.org/wiki/File:Johnson_Matthey_500_grammes_silver_bullion.jpgI am geting the green light from the rest of the CGB team to have a logo design contest based off of these parameters. The payout of course would be in CGB. Would love to have you participate if this launches. Keep an eye out, hopefully I get approval to do this starting today.
Finally, I hope everyone has updated their client before the 55k fork. If not, please do so immediately! I am in the EST and figure that as we cross over into Sunday, the fork should occur. Don't want anyone to lose the the correct block chain. This announcement has been stickied at the top of the page by salty as well. I usually overlook the sticky's so posting this here as well to make sure all see. BTW, it is FRIDAY!!!I calculate block 55K by around midnight Saturday night EST.