I being a Icelander may add here that the use of the Icelandic flag in the crest is prohibited cording to Icelandic flag rules, just so you know that a logo containing the flag in it would not be usable as a logo for the national team here in Iceland, but one can us the colors and a striped form of the flag as it appears in the present logo. I am looking forward to see what you guys come up with, Thanks Dakano for making Iceland as your next logo project.