I like SMTNBLU. Although it means you'll have to own only blue cars to transfer it to! (by the way your car is gorgeous...)
As far as deciphering vanity plates, I struggled with this one for a while, NITCBTC, until I considered the car it was on: a Mitsubishi Eclipse Spyder.
Another common one around here is the initials of the married couple that own the car, for example mine would be KMS MLS. At least that's what I think the people are going for, could be something entirely different lol.
Mine: 2008 Saab 9-3 Aero SportCombi XWD: 84k, Black, MANUAL
Gone: 2002 SVT, #1654
Hers: 2010 Focus SES: 73k, Ebony, Auto, Moon and Tune