It wasn't a good logo to begin with. Lets start there. It's trying too hard to be literal and fit into the blue round boundaries of most other browser logos. An

It wasn't a good logo to begin with. Lets start there. It's trying too hard to be literal and fit into the blue round boundaries of most other browser logos. And I honestly don't know whether the tail is supposed to be stylized fire or not. The asymmetry and distracting hi lights bother me too. In order to evolve and mature a logo it has to be solid to begin with. Otherwise updating it just makes it fall apart.