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I can see why they changed the logo. Old one reminds me of Hal looking over your shoulder. Google probably doesn't want a logo that reminds people of a thinking computer that'll take over the world some day.
Shading, depth, vibrance of colors?
We don't want these designs apparently, we want a flat simplistic design.
Speaking of which, I wonder how much they spent a Graphics Designer to make it...
I always loved the way the old logo felt like a pendant or a star in my desktop or in my taskbar shining with light and hope to the users of my computer, now the new one feels so dim and dead, that is even hard to find.
If you want to keep the old logo for some time, use the 12.0.712, this one still uses the old logo, and is the one I use, because this new logo is awful, newer versions use also the new logo.
You know Google, if Microsoft followed the same format with their logo it would collectively be termed "a swastika" - something you should think about. It also looks like crap.
Both logos are horrible. The old one is typical web 2.0 style "shiny" 2005 style, and the new one is pathetic and unoriginal, just jumping on the next trend of flattened out matte looking logos.