Well, firstly I'd recommend using a host such as http://imageshack.us because photobucket frankly sucks for anything larger. They'll
resize it.
Well, from what I can see in what you've provided, one definite thing I'd change is definitely the text. Keep
it to one line and make it much much smaller because it's attracting too much attention. Where abouts it says
"magic" I think the whole line should be there and centered. The top can be left blank.
Speaking of the rectangles up and below, I'm not particularly fond of them because they're very hard to work
with. I can only say more about them with a bigger version. (just update your first post with a link to the larger
image)
I can't comment on any technical aspects either because it's too small, but I can see a golden brown sort of
border around the middle rectangle- I'd get rid of it because borders are like rectangles... hard to work
with.
It's coming along nicely from what I see, but you'll need the larger image for more detailed comments ;)