Is the Metropolitan Museum of Art’s New Logo a Win or a Fail?

It seems the Metropolitan Museum of Art is about to introduce a new logo, but it isn’t getting rave reviews. In the article,  Why Is the Metropolitan Museum of Art’s Brand New Logo Already So Unpopular? (which appears online at a critic is quoted as saying:

“the whole ensemble looks like a red double-decker bus that has stopped short, shoving the passengers into each other’s backs.”

Read the article and let me know what you think. Is this a successful redesign or a failure? Why?