Koopaul's Logos

[Vipershark]

A Japanese bar and grill in Canada.

How's this look? Any better?

I don't know if it's too late for this, but personally, I feel like the revised version is worse than the original.
I'm gonna try to be as constructive (but [possibly brutally] honest) as I can, so please forgive me if I come across as a bit of a dick because that's certainly not my intention.

First and foremost, the original font on the "Saiko" part was much better. Even though it's one of those generic stereotypical "Asian" fonts, it definitely gets the point across much better than Bold Sans Serif Font #473824827.
As it is in the revision, it makes the place seem like one of those cheap low-budget chinese buffets that doesn't care too much about quality rather than a bar-and-grill type restaurant with an actual budget. The beveled look just contributes to that. Bevels certainly have their place, but in this instance it makes it look like Baby's First Photoshop Logo since it doesn't really fit the theme of the restaurant at all.

While I'm at it, I think the revised gradient has waaaaay too much contrast. It looks like you were trying to aim for a sunset/candle-lit type gradient with the original, but going from flat yellow to flat red in the revision completely throws out that impression and just looks jarring. You were on the right track with your first try, but it needs just a liiiiiitle bit more contrast, particularly on the golden-yellow end.

Putting the lighter outline around your background text looks nice on a dark background (I'm on the Pixeltendo theme), but it's kind of ugly on a light background. Not to mention that you can see parts of the actual darker text poking through your outline on a light background which just looks kind of strange...
The color of the background text is much better though, on both light and dark backgrounds.

The one thing that is better about the revision is the "Comptoir Japonais" part. Giving it some contrast from the background and an outline stroke looks good, though you may want to consider the color of the text. While the bright red isn't bad, it's certainly in your face. To me, it sticks out more than the actual Saiko part, which considering that it's subtext and not the actual logo isn't really ideal. I would suggest a different font, though. It's sort of... lifeless, as it is.