Just for you people who can't wait for the next tutorial, here's the final product:
And you can download my GiMP native file with all the layers still in tact here.
And here's how today's tutorial will work; I'll leave the comments open on this post, you downlaod the files, and axe me questions that you have about how I did or why I did whatever it is you see in the file itself.
I realize that's a lazy and lame way to run a tutorial, but I used only the techniques I have shown you so far to make this logo.
Fire it up.