I agree with CaleyD on this one, image copyright like music copyright is something you need to have in place. Im sure the copyright holders will be ok with it once they learn of its use.
As for the name, i am still keen on Coming Home or Coming Home Again as they both fit into the track well. I might actually for a bit of fun; do 2 or 3 songs and get those on CTO.COM to choose.
anyway, i like the design but here's a thought. Maybe have the words Coming Home start as white and gradually blend into the other colours Red, Blue & Black....Not sure how hard that would be to do, but as i mentioned, im no photoshop guru