New Iceland Flag

I've decided to (take the massive task of) redesigning flags - I know, I know, you're welcome : )

 

Anyway, I realise this could be a risky challenge to set myself, so please, don't hate mail me, saying that, I do want to know your reactions and thoughts, good or otherwise...

 

Iceland - Northerly land of ice covered volcanoes famous for it's lagoons.

 

Anyway, what'd you think?

 

Oh - just incase you don't know what the original looked like - en.wikipedia.org/wiki/Flag_of_Iceland

Done