The current script style on the Sigil Logo is cognate with the meaning of the word Sgil - a symbol of magic.
The highly embellished style with lots of curlicues, spurs etc is widely used in certain fantasy genre's - google 'sigil
s' for examples.
@
sbataillon - I can't see any similar connection between the Sigil brand as a word and your proposed logo. Nor how it will yield a distinctive icon.
So from me it gets a

- but I'm a card carrying iconoclast so what would I know
BR