Render a version of the BBC Micro owl logo Can you render out a version of the BBC Micro Owl logo as per above from code?

Rules:


You can use any programming language you like. 
Output can be text or graphic.
Circles don't have to overlap.


Winner:


The answer with the most upvotes wins.


Kudos for anyone that attempts this in BBC basic.

You can read about the BBC Micro here
BBC BASIC
I tried using trig functions to draw proper circles, but that was painfully slow. Came up with this instead:
10 MODE 1
20 GCOL 0,1 : VDU 19,1,3,0,0,0
30 FOR Y%=0 TO 20
40 READ N% : P%=65536
50 FOR X%=0 TO 16
60 IF (N% AND P%)=0 THEN GOTO 160
70 X0% = X%*32+384 : Y0% = 872-Y%*32
80 FOR DX%=-16 TO 16 STEP 8
90 FOR DY%=-8 TO 8 STEP 8
100 PLOT 69,X0%+DX%,Y0%+DY%
110 NEXT DY% : NEXT DX%
120 FOR DX%=-8 TO 8 STEP 8
130 FOR DY%=-16 TO 16 STEP 32
140 PLOT 69,X0%+DX%,Y0%+DY%
150 NEXT DY% : NEXT DX%
160 P%=P%/2
170 NEXT : NEXT
1000 DATA 87381,33410,69905,10280
1010 DATA 69649,33410,82181,40968
1020 DATA 87377,43520,87297,43520
1030 DATA 21761,10880,5441,2720
1040 DATA 1361,552,1093,43682,1

Here's the output: