Ya it has mager Potential but falls short. As Judge said it needs depth, its kinda 2D looks liek the Metal stuff is sitting on the ripple. Its sorta plain, maybe do a cool backgroudn effect with some nice metal effects and stuff with shadowing to make it cooler.
OVer all pretty good considering your sorta new to this. Good Job, keep it up.
I can make better, just tried something different.. and It didn't pay off obviously I think the main problem is that the colour scheme clashes... i'll attempt a better one today. (that's 3 sigs I have lined up for creation today)