Needless to say, we were assigned this same project my second round in the class. Be open minded, try it out, don't even look at your last attempts. After some good self-pep talk, I went for it. And only a few hours later, fully focused and determined to redeem myself, I found my solution. When I turned the 'S' just so, with that font, and looked at what had just presented itself, I could barely hold in my excitement! This is gonna be good... And it's about freakin time Joni! So now that I have given you more than enough info on this process, without further 'ado, my initials in a figure-ground relationship:

...critique: The class hates me. HAHA not really (although they said it! :P). It just means they liked my work. It's a good thing :) My professor only had one thing to suggest: kerning on my signature line. But the logo itself worked really well. -- I've fixed the kerning, and changed the colors in this image.
This project taught me a lot, and gave me a boost in my design skills. I think the biggest lesson I learned from this project is that with Graphic Design, an open mind is key to being successful. I compare all that was happening in my life when I first attempted this project, also the class. I was not focused on school, had several life-stressers that I just couldn't get my mind off of, but was still expected to create original, creative, really good ideas. Now I do a lot of things to relieve stress, like exercise, play guitar, and not set such crazy, unrealistic expectations. I've found that lifting all that pressure off has helped me deal with all of life's little stresses much better, and has actually improved my design sense.