Originally Posted by blnewt

IMO it will look better than all black, the subtle contrast w/ the gunmetal on black would look nice IMO, but when painting the emblem you only want to keep the very outside of the emblem painted, and the rest black. The whole emblem in gunmetal won't look right from the sides.
Here's an example w/ my carbon wrap on the emblem to show what part I would paint just gunmetal (just the part that's gray)