Nice shot!!! I think this one might do good because of the good shot but on the other side of that I don't think it will do good because people might think to hard about the challenge and in my opinion it is stretching the contest title. Yes you have letters but not perfect ones... I hope this helped... I however LOVE this shot!!! I hope you do good.
Well, it could be that way, yes. It could also be a "dot" (the moon). And the "V" for me is too lazy, even the notch in the far right mountain. Love the fog on the water, but that isn't what the shot is about.
Back to comment: Wonderful image. Nicely balanced composition and great depth. Love the way the light hits the building alone. I think you could have a bit of fun playing with the colour gradient in the sky too. The "V" is not the strongest aspect here but I think the moon works well as the "O". Nicely done.
Something about this strikes a chord with me. I think the scale is the key, I love the moon there to offset the little church (I'm sure it's little in real life). One of two 10's from me.