I'm impressed as usual Joe, but this time because of what you've been able to do with just three colors.
Black & white is not too difficult to work with but creating a good balance like that with three colors (plus the shirt) seems a more daunting task. It makes me want to invent a job just to try my hand at it.
I like what you did with the O's in Balloon. It still reads easily at first glance and your trick keeps it from being an elongated-looking word in the layout.