YouSayToo layout suggestion

I thought lots of real estate was lost with the top two bars. Most sites settle for just that bar with the home icon on the side and they do it for good reason: it saves space. It makes sense too. Because there is a lot of content you, YouSayToo, want to promote viewing lots of it by maximizing real estate. Here is a redesign that i came up with for the top navigation: It's definetly not perfect, but i tried. Sorry about the logo, didn't feel like making a new one so i tried to erase the background (it didn't come out to clean). The inspiration came from Google, Last.fm, and Dictionary.com.Here's