I think it looks nicer with Bicycle on the front, and I know it COSTS less when you put Bicycle on the front, particularly for a heavily-customized deck like this. It was a smart move, I think. They're known better as "Bicycle Karnival" decks than simply "Karnival" in my mind. I can make exceptions for the Hornets, which were really more like Bees, and for the Death Heads, which were a completely different animal.
...and every time I remember the Death Heads, I wish I had my deck with me. They may not be the fanciest thing Karnival ever did, but they handle very nicely for a plastic deck. I have to organize my collection better.