Hey everybody, thank you all for the replies!
trainstation and Stan -- Yeah, it seems like based on what you and others have told me, the tip of the cutlass blade is more of a distraction than anything... The idea (like Absolutely Digital noticed) was to have it visually pointing at the bottle to draw your eye there, but I guess overall it takes away more than it helps? Oh well, it's a good thing I can screw up in school, 'cause once school's over, I won't really be afforded that luxury.
Thanks for pointing it out guys.
trainstation -- The idea behind having the text the size it is was to not visually compete with the label of the bottle, but I see what you're saying, and it never hurts to try!
JW -- Thank you!
Absolutely Digital -- Actually all the blur you see here was done in camera. I actually had to sharpen some places to bring them back out (the illustration of the captain, on the left in the label -- notice how the text underneath it is completely blurred out). Oh, and I see what you and Stan are saying about the grit in the glass. I have no idea what that is, but that shouldn't be too hard to remove.
Again, thanks everybody for the comments, it really helps!