The logo as a stand alone is good. But to me it doesn't tell anyone what the site is about. Your logo should be able to tell the story too, not just look good. If I saw it I would think perhaps it was a map site. Although Basic is difficult to convey, perhaps you could convey something more about what the site is about, answer a question, what is a web directory (you have to think from no one knows what this is, tell them)