After having received lots of great logo suggestions in this thread I decided to choose the logo that instantly grabbed my attention and which suited the pre-defined requirements the most. Based upon that choice I would like to introduce part two of the contest.
In the second part of the contest you are provided with the the logo template in photoshop format which you can use to create your own banner. The logo layer in this template should remain untouched.
Everyone can submit their designs until the deadline the first of December. I'll add all of the submitted designs below on this page. After the deadline a poll will be created at the Twoism forum. Depending on the amount of submissions I will have the top designs integrated in the site.
The main idea is to have the default banner rotate over time (e.g. when the new album is released) and to have a couple of alternative skins available. A registered user of this wiki is allowed to set his or her own skin in the preferences section.