I appreciate all the feedback on this design. I've taken your suggestions to heart and come up with something I feel pretty good about. In my mind, it's kind of a circus/carnival feel without explicitly calling it a circus or a carnival. Hopefully it conveys the idea that this is going to be a fun, entertaining night.
Also, for those of you who expressed a fondness for the purple explosion version, I'm holding on to that design for a future project. I don't know what it is yet, but when the time is right, I'll break that one back out. Thanks again!