Good design choices overall
I do, however, agree with the fact that the font-color choice is too light. Something that has a greater degree of contrast with the background would be better.
I would say that this criticism applies to the overall design as well. The light blue on light grey on white background does not create enough contrast overall, which makes the new design look less sharp than the old design. I would suggest choosing a different background color besides white.
For readability purposes, I would suggest using a font what has larger letter widths. The letter spacing/kerning is fine, but the narrow and tall nature of the characters give the text a very "vertical" orientation. Since we read in a horizontal fashion, the "vertical" thrust of the text affects readability.
Otherwise, good work! Cheers