Olympic Logo for 2012

This is what happens when you let children play with scissors. 😛

The logo for the 2012 Olympics in London has been unveiled, and it looks like this:
Olympic Logo 2012

Click on the image for more wonderful hideousness. It sort of looks like an incomplete jigsaw puzzle, missing a couple of pieces, that has Pepto-Bismol spilled on it.

The jagged emblem, designed to define the image of the Games in five years’ time, comes in a series of bright shades of pink, blue, green and orange, and includes the signature five Olympic rings emblazoned onto the “0”.

What does it look like to you? Do you agree with critics that it looks “hideous?”