That does look good, a few of the letters are a little sharp like the E. I'm curious how that would look not italic?
"Italic" is basically an element that's baked into the font itself, so even the non-italic version actually renders about the same.
Another problem is that we're very short on space, and you'll notice how tightly things are packed around the two e's in "Legend" in particular. If rounding them out displaces the next letter by very much at all, it'll be a problem.
You could definitely call it an inherent flaw of this whole design.
But maybe there is another e from another font that fits the style and doesn't have the sharpness. I'll have to experiment.
Updated the letter spacing, smaller II, also tightened the word spacing a little to get it to fit within the background tablet.
Are we just using the colors on the title screen or is there a palette? I think I used some colors from the original concept, and perhaps the outline is a little bright right now.
AFAIK, we'll need to keep this within the colors you see in the original graphic only, which is made of sprites and uses its own palette. None of the extra colors from the background layer can be copied. So, that's two shades of light blue for the outline, two shades of dark green for shading, and one shade of moderately dark blue-green for the main body.
Those might be changeable, but I'm not sure if it's possible to go beyond five colors.
I think you've got this one looking better than ever, but I'm afraid that once it gets simplified into the limited palette, it will look a little rough. The font itself is also still maybe a little on the gaudy side.
Side by side isn't too close, and it is turbo related heh. I also like that its clean and the tall text kinda gives it a chisel
look to go with the background tablet/stone. On the other hand you are right that it doesn't have any connection.
Well, all of them are interesting 
Definitely
This last one is my favorite of the ones you've done, and I would say it's already a very serious contender. The "chiseled" look is something I was hoping I could incorporate into a lowercase rendition, but I can't seem to find anything that will work for that.
I don't think it looks too similar to the Final Fantasy or Turbo Grafx fonts. However, I do worry that it's a pretty big stylistic departure. It looks so powerful and in-your-face, but the original games as a whole, especially the second one, are a little more subtle and gentle in terms of overall style.
When you load up Xanadu 2, you see only the background layer first, and then the title graphic dissolves in. When it's finished, this music starts. Eventually the background layer fades to black, and you see twinkling blue crystal shards start falling down the screen behind the title graphic like snow while the music continues. It's all supposed to be very pretty.
