updating element name and value using XSLT

In context to my earlier question at "XSLT transformation from XML to XML document". Further i was trying to rename the "<value>" element to "<sName>" along with updating the value to "ABC" if the value of "dataset/type/text() ='test'". I wrote below code for the same but it was not working as expected. please help.

Source XML-

<soapenv:Header/>
    <soapenv:Body>
        <v1:QueryRequest version="1">
            <subject>
            <dataList>
                <!--1 or more repetitions:-->
                <dataset>
                <type>company</type>
                <value>abc</value>
            </dataset>
            <dataset>
                <type>user</type>
                <value>xyz</value>
            </dataset>
        </dataList>
        </subject>      
        <testList>
        <!--1 or more repetitions:-->
            <criteria>
                    <type>test</type>
                    <value>1234</value>
            </criteria>
            <criteria>
        <type>test2</type>
        <value>false</value>
            </criteria>
        </testList>
        </v1:QueryRequest>
    </soapenv:Body>
</soapenv:Envelope>

XSL file :-

<?xml version="1.0" encoding="utf-8"?>
<xsl:stylesheet version="1.0"
xmlns:xsl="http://www.w3.org/1999/XSL/Transform"
xmlns:old="http://www.abc.com/s/v1.0"
exclude-result-prefixes="old"
xmlns:v2="http://www.abc.com/s/v2.0">
<xsl:output method="xml" encoding="utf-8" indent="yes"
    version="1.0" />

<xsl:param name="newversion" select="'2.0'" />
<xsl:param name="ABC" select="'ABC'" />
<xsl:param name="XYZ" select="'XYZ'" />
<xsl:param name="DFG" select="'DFG'" />


<!-- fix namespace declarations on root element -->
<xsl:template match="/*">
    <xsl:element name="{name()}" namespace="{namespace-uri()}">
        <!-- copy the v2: binding from the stylesheet document -->
        <xsl:copy-of select="document('')/xsl:stylesheet/namespace::v2" />
        <xsl:apply-templates select="@* | node()" />
    </xsl:element>
</xsl:template>

<!-- replace namespace of elements in old namespace -->
<xsl:template match="old:*">
    <xsl:element name="v2:{local-name()}">
        <xsl:apply-templates select="@* | node()" />
    </xsl:element>
</xsl:template>

<xsl:template match="@*|node()">
    <xsl:copy>
        <xsl:apply-templates select="@* | node()" />
    </xsl:copy>
</xsl:template>

<xsl:template match="old:QueryRequest/@version">
    <xsl:attribute name="version">
      <xsl:value-of select="$newversion" />
     </xsl:attribute>
</xsl:template>


 <xsl:template match="criteria[type='service']/value">
         <xsl:choose>
         <xsl:when test="criteria[type='service']/value/text()='1234'">
        <xsl:element name="sName">
            <xsl:value-of select="$ABC"/>           
            </xsl:element>
        </xsl:when>
        <xsl:when test="criteria[type='service']/value/text()='5464'">
        <xsl:element name="sName">
            <xsl:value-of select="$XYZ"/>
        </xsl:element>                      
        </xsl:when>       
        <xsl:when test="criteria[type='service']/value/text()='8755'">
        <xsl:element name="sName">
            <xsl:value-of select="$DFG"/>
        </xsl:element>          
        </xsl:when>                     
       </xsl:choose>
     </xsl:template>


    <xsl:template match="type/text()">
        <xsl:value-of
        select="translate(., 'abcdefghijklmnopqrstuvwxyz','ABCDEFGHIJKLMNOPQRSTUVWXYZ')" />
    </xsl:template>

</xsl:stylesheet>

Expected Output:

   <testList>
    <criteria>
        <type>test</type>
        <sName>ABC</sName>
    </criteria>
    <criteria>
        <type>test2</type>
        <value>false</value>
    </criteria>
</testList>