As someone who has never played RuneQuest, reading through all various logos over the years from the article, this one stood out to me as the best and definitely my favorite. I agree that if it was oriented like the one that was chosen (RQ on top, runes in middle, RP in G on the bottom) it would be perfect.
One thing I am confused about with the final chosen one, why yellow instead of red? Going by the article, red definitely seems to be the iconic color of the RuneQuest line, just seems odd to abandon that.