This got drastically better in my (professional) opinion when they swapped the navy outline for the dark red. It's a great concept. Weakness is it doesn't work well at small sizes, but lots of the other choices don't either.
Also it's much better now that they stopped trying to wedge "ISU" into it.
I'd probably go block as primary and this as primary mascot.
Yeah, the letters and blue made it much too busy. I can stomach this blender version.

