What bob posted!
Now, here are your problems:
EZ is difficult to explain. Chances are even those who see the domain name spelling will type in easy two days later. All your marketing and advertising efforts will benefit easylogodesign more then your own domain. The name itself suffers from length and vague representation of the product. Are you selling logos? Are you selling tools to create logos? Are you selling design services? Are you selling information on easy design? Is the design itself easy (and possibly cheap looking)?
1 can be mistaken for 'one'. There is a 'CoolHost.com' already and 1CoolHost comes off as a cheap copy. I would not do business with a hosting company under the 1coolhost.com domain even if they had good prices because the name lacks creativity, is cumbersome to pass on to to others and looks like a 'soon to be vacant' spot and is creaming 'slap-on reseller!'.
Hope you dont take this the wrong way. I am only trying to point you to mistakes that you should be able to avoid in the future.
Good luck to you.