Well, it doesn't look exactly like the FSM. But it's cute and has a high value of brand recognition.
Any suggestions on how we could modify it into FSM direction?

The contest showed, that many people didn't recognize we are talking about the FlyingSpaghettiMonster here. I imagine it would help the coins popularity a lot if we would rename it to i.e. "FlyingSpaghettiMonster Coin" (FSM). Everybody would know what it is about and not thinking this is a coin of chinese restaurants.

What do you guys think? What does HisHolyNoodliness think?