There are many designers on this forum including myself. Quick and easy logos have their place, however professional logos are developed over many hours, and to get the best then research and development of a logo from scratch will more likely get something that won't date quickly and won't look like someone else's logo.
A final logo should also be presented in various forms including a vector PDF, (EPS do not show transparency effects and most professional design programs can now place PDFs), as well as a pixel based logo (as on the web). A vector PDF is one that can be scaled as high as a building without loss of clarity. A pixel image cannot be enlarged without fuzziness.
Another designer, Jacob Cass, has written a great article here ...
http://justcreativedesign.com/2008/0...ost-5-dollars/