I agree that it takes years of legacy to make a red and yellow circle feel iconic to you. I wouldn't have messed with that either, and would have used it as its biggest asset.
On the overall usage, however, I would be careful with how it is presented. For instance it reminds me a lot about the circles within circles trend from the mid-2000's and the billboard design looks like a James Bond intro: http://stream1.gifsoup.com/view1/4349701/james-bond-intro-o.gif
With such simplicity comes the responsibility of making it unique in all of its applications. And that's where simplicity becomes complex.
I agree that it takes years of legacy to make a red and yellow circle feel iconic to you. I wouldn't have messed with that either, and would have used it as its biggest asset.
On the overall usage, however, I would be careful with how it is presented. For instance it reminds me a lot about the circles within circles trend from the mid-2000's and the billboard design looks like a James Bond intro: http://stream1.gifsoup.com/view1/4349701/james-bond-intro-o.gif
With such simplicity comes the responsibility of making it unique in all of its applications. And that's where simplicity becomes complex.