Ooooh, this is a pretty nice one. The color's are very nice here. I like the shades of red throughout the entire tag. I'd suggest adding some peach or yellow colors to this. Maybe even purple. Also, you're lacking in depth. Drop shadow on smudge layers ftw? Text is a no here as well. It'd look better in white as a bolder font, and maybe a little smudged, maybe not. Speaking of smudging, blend in the sprite more as well. D: Nice job, though.
Text and render should have a more similar color to the bg. Other than that, i like it. Good brushing and background.