Second

Here's the full version. I'm thinking I need a texture in the background and maybe some sort of pattern or something in the background of the LOVE banner.

Suggestions, please!

Also, there's no way I could've come up with this style on my own. Jessica Hische is well-known for this type of lettering: http://jessicahische.com/typographizes/the-cover-of-the-village-voice-exclamation-point