On your website, even though the logo is much smaller physically (maybe a fifth the size) it is still the same number of bytes - and at nearly 120kb I'd say it is too big.
Also, the compression used by your graphics package has its glitches emphasised by doing it the way you have - see how that textured surface jumps and flickers as the frames play?
If you designed it (or resized it in your animation package) to the right dimensions it would be smaller. You'd also reduce those glitches somewhat.
Did you use Cool 3D to design this?
Have you considered using Flash instead? That would be much smoother.
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Sualdam
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