It's not about it being a corporate logo, it's about being single minded and professional - so we're taken seriously by everyone. Stand for something and stick to it!
The logo/emblem (whatever you want to call it) looks like the people working on the design couldn't come to a consensus on what they wanted...so they kept everything. I agree that all those elements are important parts of our history, but having them cluttered together isn't really giving them pride of place anyway.
It's just not focused or practical and I don't think it'll last the test of time because of it.