[Project Euler] #2

Criticism of my code and discussion about the ^problem are welcome.

Each new term in the Fibonacci sequence is generated by adding the previous two terms. By starting with 1 and 2, the first 10 terms will be:
    1, 2, 3, 5, 8, 13, 21, 34, 55, 89, ...
By considering the terms in the Fibonacci sequence whose values do not exceed four million, find the sum of the even-valued terms.
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(defun euler2 (max)
  (labels ((next-fib (term1 term2 acc)
             (if (> (+ term1 term2) max)
               (return-from next-fib acc))
             (if (evenp (+ term1 term2))
               (next-fib (+ term1 term2) term1 (+ acc term1 term2))
               (next-fib (+ term1 term2) term1 acc))))
   (next-fib 1 1 0)))

I'm sure /prague/ can find at least one way my solution is crappy.  Have at it!

>>11
my what?