Looks great. Nice color choices.
My only suggestion would be to split the text over two lines (staggered).
It just looks a little bunched up on one line (too close to the edge).

very pretty. I think the logo of the bells on the ornament could be mapped to the globe shape better. I looks a wee bit pasted on.

Very nice but do agree with what has already been mentioned.

Adding some "drop-shadows" wouldn't hurt either, and I agree with fluffybunny about the text.

Very nice

conbagui: i think it's a beautiful composition and nice colours. i love snow, so i really like all the snowflakes . but i agree with 2-ton about the mapping of the motives on the ornaments.

I like it! It seems you made the changes above so I think it looks perfect. :3

It looks both warm and cool which for this season (Winter or Holiday) is perfect!

Nice work. :3

The positioning of the text really made a difference, it looks really great now.

conbagui, the redo looks great.

Much nicer…changing the text made a huge difference!

Very Beautiful I love the glowing blue subtle light behind your letters, the placement of the bulbs and there different sizes largest in the middle very well balanced. I can't really critique its really nice.
I can give some creative suggestions if you'd like ,Maybe adding some small reflective shine marks on bulbs to make them seam more glasslike.
Perhaps some different snowflake rotations and maybe using a gradient on attachments for bulbs although that's a matter of design choice.
Thanks for sharing your good cheer.

Like the revamp, much cleaner and easier to see all the elements.

stunning

Very pretty and festive looking.
Great work!

I like the composition there. The color is good too, that's a lovely blue. Nice font, good ornaments, very shiny and crisp. Couple of things I would have changed, I would have had the decals on the ornaments be smooth and like was mentioned, better mapped to sphere. I also would have omitted the large foggy glow around the letters. I would even have gone as far as making the letters as crisp and shiny as the ornaments. The icy snowflakes on the background are just about perfect and I would have probably made the ones on the large blue spheres to the right along those lines as well. But these are details and you did an awesome job on this piece.