My immediate thought once I figured that out was "this depends on English". For speakers of Japanese or Russian or French, can you find easy to remember words that can go with the first symbol, and that start with an "a" sound?
I actually found the terms extremely confusing. At first I thought the above/below referred to sharp/flat, but that didn't turn out. I couldn't even come up with concepts for dot and groove.
I know how to read music, but I'm not very good at it. I'll say that the idea of giving each note it's own shape seems like it could fix the problem of losing my place and having to count lines/spaces to figure out what a note it.
The thing I've never liked about musical notation is that the X axis has nothing to do with time. A staff can have 8 32nd notes and then a dotted half note. Those first notes take up 1/4 the time but 3/4 the space. While it would take more space, I find a consistent relationship much easier (such as piano roles or Guitar Hero note charts).