I'm thinking a name change would be a good idea. There is a lot of chatter going on about how the Cryptonote guys may be associated with a coin-mill churning out alts to pump-and-dump (
https://bitcointalk.org/index.php?topic=740112.0). This could be significantly hurting Cryptonite's reputation. If it wasn't for this issue I wouldn't think a name change would be that important.
I like Mini-Blocks (XMB) for a name.