It looks okay. Simple and okay. Okay meaning it could be better (room for improvement). Size wise, I think smaller is better or at least make better use of your image size.
I notices your image resides at www.imagefilez.com, the file name is i306808_laniczech.gif and i306942_laniczech.gif respectively, the extension says GIF but the Firefox recognizes the first as a JPEG. Is there some graphic or format transformation when you upload it to www.imagefilez.com? I'm just asking cause were talking about the how the image should best be represented.
If you save the image as a PNG you can do transparencies better than GIF. But it's too bad IE6 does not recognizes PNGs. I think IE7 does. You should try saving it in that format.
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