I think it's cool.
If the piece of pipe that holds the cigar was cut in 1/8's so it'd be easier to fish out the cigar, I think that'd help. I don't think I could dig my cigar out of that trough with it being so deep.
I'm assuming they're stainless? It'd look cool once it's all buffed out.
It'd probably look more sleek if you backwelded the inside of the piece of pipe looking up, and cut the plate the same width as the diameter of the pipe. Then you could grind off the points of the plate the same radius of the pipe on all four corners. That'd look really sweet.