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Shit, you're lucky to get it for that price! Usually a logo will get you a $5k price tag easy.
Too many pornmeister's have no clue about mainstream business and 'why' prices for things like logos are established as such.
Some of you I've worked with over the years already know because you've worked in the real corporate world and know the value of brand name recognition.
That's why I bypass those pitiful $200 logo contests on this board. I only do a logo for that price if the webmaster has something else to offer. I would trade for computer parts etc. because alot of webmasters don't have the starting capital.
When you buy a logo from someone that freakin' cheap in the few hundred dollar range you're just asking for trouble down the line. Usually comes as a lawsuit from someone who's got an already established logo/trademark that your cheapie knocks off.
Then you're in BIG trouble.
The longer a graphics artist has been in business without a successful lawsuit against them, the safer you are and worth the money and time.
That's why for me to forego a cost and take a loss, the client has got to have something in exchange worthy of it like major guaranteed traffic, equipment or some other service.
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