The shape is taken from Vesta Tilley, a female, English male-impersonation stage performer of the 1900’s to 1920’s. She’s somewhat well known, but nothing like Marilyn Munroe or Charlie Chaplain.
So yeap, that’s a female! I think she embodies the idea of “being someone else” really well, and is a perfect representative of the LARP Society and mindset.

I have made the shape into a vector custom shape for Photoshop, which means that Photoshop users can simply click and drag to make the shape as big or small as they like. Still a bit rough but we can tidy that up later. It’s quite a distinctive shape, but not a “trademark” image of Ms Tilley or a well known image.
I also think the shape can be game flavoured quite extensively - like giving her a sword and shield, a space helmet, a skateboard, a spraycan etc. Colour will afford us those kind of luxuries, and I can see the 2-bit one also working as a distinctive stamp in any colour.
The underline serves two purposes here; firstly as an underline it adds emphasis and dimension to the text.
Secondly, due to its placing it acts as a stage. Now, we don’t do anything on a stage, but you get the idea 
Having a “floor” also shows we exist in the real world - that we’re grounded and there’s corners and that we believe in gravity as well. This probably sounds a bit abstract but I think it’s very important subconciously. It’s the kind of look that helps inspire people like fathers.
I’ll try and whip out another couple of versions on this tonight and test its robustness and versatility. I’m keen to see other people’s interpretation of it too; so PM me if you’d like the source (as a work in progress).
One thing I don’t like about it is the font. Or, well, I DO like the font, but it’s Arial Black and the art snob in me is screaming that this is an opportunity to use a non web-font. I’ll see what I can find on fonts, but it’s annoying me that Arial Black is fine.
Craig