[Handycam]

IMHO, the best browser icon out right now is Fx. The juxtaposition of the orange fox and the blue globe gives the icon dimensionality, while also looking equally good across platforms. I personally hate "aqua-fied" icons, with lots of gel and blue transparency. Despite its blue, Camino also has a nice icon, emaphasizing the connections of the WWW over the geography, and further combined with the "compass" metaphor.

I find the current OW icon a bit dated. I can continue to live with it, but my recommendation would be to hire Jon Hicks and turn him loose on it!