I think the name/logo for Iron Gwazi is the result of competing ideas that just ended up being combined into one:
"Purple track, new mythical creature"
"Let's make it crocodile themed"
"Let's honor the legacy of the previous ride by keeping the word Gwazi in the title"
Instead of settling on one idea and fully fleshing it out, we just ended up with this amalgamation of ideas that feels hastily thrown together.
But either way, it shouldn't detract from how freaking awesome this thing is going to be. I can't wait!