The ambigram can be greatly improved, especially the T/Y; that's why i invited anyone to modify it and make it better, becasue i dont have a wacom tablet and it's too hard to draw such things with a mouse.
Seriously though, many thanks to everyone who voted. I didn't really expect to win this.
It feels great to have my design as part of such an awesome product ;D
I hope Kenom can find someone to etch barrels for a reasonable cost. That would be prize enough for me, I already have a bunch of barrels ordered but I would love to have a couple etched with the logo.