Well, it has several variations on the same theme…
Note: The 3-dimensional blue logo should be used whenever possible. Other versions shown should be limited to when space, color or background is an issue.
Read John’s post on his Adobe Blog
As a personal aside, I like the new logo type and tagline. I’m not convinced on the blue thingie yet. Not sure if it’s a stylized ‘P’, a cartoon dialog box or a profile of an alien head. (personally, I’m rooting for the alien head). There’s already a ton of comments (not all of them “nice”) on John’s blog. But if nothing else, it seems Adobe has finally rediscovered Photoshop as a valuable brand in the Adobe stable. And that’s good!