Playstation controller superimposed with arrow keys and
mouse?
I think the logo is either too big or will be too small to make
out the details. Unless you plan to use it as a water
mark/background.
One other thing, the FWG in the logo looks a little like
FUG.....
Agreed. As a logo, it's not going to work. If it helps, since
it's about freeware games, and I'm assuming, on the PC, try to come
up with a simpler design to tell people what it is.
Think silhouettes, simple shapes. If that was just a shape it
would be okay, not effective, but simple enough to understand, too
many details going on at the moment.
If I were to see a controller, I'd presume console gaming, not
PC gaming. So you could start there, maybe take the controller out,
and rework that idea. 
