As someone who likes to be concious of design and hates pointless minimalism, this gets a pass in my book.

The lack of colour doesn't mean a lack of emotion, colour is an inherent part of the design and can't be judged independantly of the rest of the logo. The fact that it's monochromatic opens up a lot of flexibility on presentation options (such as colour, outlining, drop shadows, glowing effects, etc) which means it can integrate itself into a wider variaty of games and media.

The constant line width is basically the main focus of the design and is reminiscent of plotter fonts, which are traditionally seen on engineering drawings. It conveys professionalism and technical know how, and it just gives the design a satsfying visual consistency.

The swirl shape itself is very abstract and can represent creativity, etc. The combination of the strict constant width lines with the abstract swirl shape is the central premise of the logo.

The sharp corners in the logo give some much needed little visual variation in what would otherwise be a flat and uninteresting design. They act like places for the eye to rest on. I do think they went a little overboard with the kink in the "o" however, it just looks out of place.