I believe it’s meant to represent the fusion of art and technology, no?
The wings represent the muse of art (why wings on a muse, I have no idea. Weren’t they Greek chicks dancing nekkid in the woods?), and the atom, of course, science and technology.
My problem solving the puzzle was with the clue for the fourth letter:
“___-haw!” with the first letter of this answer being the 4th letter of the other answer.
Naturally, I inked in “Hee” but it was wrong: E_MHS doesn’t spell anything, no matter what you put in the blank, so when I looked again, the answer became obvious.
Here’s how the answers and clues sorted out:
ENRAPT (Bewitched) MII (Early millenium year) MVP (Big shot after making a big shot, maybe) YEE ("___-haw!") SADCASES (Heartbreaking situations)