Make that blood splatter a little more realistic. Fine more realistic brushes of that kind I guess. For the text, placement is pretty good just change the font to something Eminem uses in his covers. You know, just the plain Arial typed font (I think that's it at least; Arial Black).
Other than that it's okay. Better brushes, better font.
And don't scrap it, it's better than something I would've came up with for a Taking My Ball cover.
