The balloons look deformed, but the cloud is AWESOME!!! The cloud is what, 3 colors?
i dig the angular style but i think it looks rly flat, you should avoid pillow shading, which means that your light is coming directly from the front, that makes it rly hard to read the forms and volumes of an object, put your lightsource in some top corner, like in daylight, and try sculpting your forms from thereout, using light and shadow...
heres a quick EDITagain ;D
I think the text's are ruining the impression. I like the cloud and the baloons.