I like how you've been moving towards keeping things simpler. This actually looks pretty clean, but remember that one of the most important elements in graphics design has always been originality. I've seen hundreds of graphics just like this with brushes and the ink splash. Also, I'm not so sure about the font.
But like I said, your work keeps getting better and better. Any criticism I give you is constructive and is just trying to help you out so that you can make the next stuff that much sicker.
