So i've created my first blog. http://www.golbi.org

As you will certainly notice once you read my tag line, golBi is iBlog backwards. I've made a simple logo that shows my intent, however I could use some stylistic advice on where I should take it now.

That logo can use some work. Your site has a Windows Vista feel to it, why not look to some Windows Vista graphics for inspiration?

Add some glassy look/icons to your logo and maybe give the text a mirror floor effect.

thanks, I'll try some of this out.

I don't want to hurt you, but I think a good logo needs more than just text. The logo is the first thing people notice on a website/blog (especially if it's as nice and clear as yours, not stuffed with links and ads), and the logo might be the only thing the remember when they go away. And you want them to come back, I suppose. That's why you need the title, to make them remember what it was, and a nice graphic to make them remember easier. I'm not a psychologist, I just read it somewhere, I didn't make it up.
I'm not a logo designer either, but I have blogged about creating JavaScript animated logos on my blog. Anyway, they are not so nice, but don't blame me, I'm new in blogging, too
Here's a logo I've created for a website a few months ago. I made it entirely in the GIMP (i like the GIMP). Take a look at it, it has a simple graphics beside the text, yet makes it more attractive.

<edit>
It's a bit long, but I had to use this title (it's Hungarian).

EDIT: Sorry, I double-posted accidentally.

thanks for the great advice aatiis. I'll do my best to reach into my brain and try to apply all of this to my logo design.

I do understand that logos and design are something that people remember about your site. My hope is, that they will remember my words as well .