I think it's very elegant. When I was giving my opinion on the wokadoo.com banner a few days ago you banner could have been exactly what I was talking about *lol* Simple, elegant, professional and loads like lightning. As it's a first thing many people see of your company it's either going to get them, or not.. no second chances. That one you have there is very good, and would get my attention enough to give it a poke, due to it's 'class'
And you struck upon the best way to get attention without offending... the scrolling highlight! Just enough motion to catch the eye, but thankfully light years away from the <blink> look.