I don’t mind it either like some people do. However, we continue to miss the mark on the point you just made which is branding.
While I don’t mind the current logo per se, the block MT logo has a clean/classic look and is simply better. It’s the type of logo that can carry the brand (especially if our apparently permanent moronic admin would change the name) in a way that you know exactly who it is when you see it. The way the white Pegasus blends into the letters detracts from the clean, crisp look you would otherwise have.
But no one at the university has really ever understood the importance of brand identity.