To me it looks fine, it is just a matter of consistency. I would rather see it white, pink or black before I would like to see the space there go completely... I like my inserts to line up and have the same neo header across the top if possible.
If you were going to eliminate the stripe up top it seems like it would be best to just make the strip black rather than move up the neo logoup, but I would rather see the bar stay...
Now that I think of it it would be a really easy change to alter the color of that area of the insert too so if it was released white it would be a piece of cake for most to change it to red.