Very nice! Makes the minimap more useful for navigation purposes. I know you placed the region name below for space saving, but I also think it looks way better that way too. I think it's perfect the way you have it!
I was thinking, with minimaps on my mind.. since clicking on the minimap does nothing, that it should bring one to the full map screen. And also maybe have something bigger and obvious like Din's Curse had, to bring you back to game view, besides only x'ing out the map window (without needing hotkey).