Not bad, Text isn't that good IMO, you'll get better tho. There is some advice to you, shoulda blend that logo some more so it looks better.
w/ better text this would be a better sig also, I'm not feeling those lines of dots on the top and bottom of this--they dont seem to fit here. I'm gonna go ahead and guess that you havent been designing that long, cuz this looks like ametuer stuff here, so I'll give it a B- based on that supposition.
The sig isn't great, but it's o.k. Like rock said, get rid of those dots and the McGahee text is good but the cursive writing that you have "Willis" in doesn't go with the sig.
Wow... you really impressed me with your V2, it is like night and day with the other one, well executed, everything flows and its just a hell of an improvement. I give the new one an A
Is V2 the one in your sig or the one that you posted? I like the one in your sig better. The text is much better in that one. Like everything else though.