Show me one 300 Usd logo. Yahoo, Google, Msn. There are all huge and yet there logos are simple and not anywhere near 300 USD.
There logos must have cost more than $300. When olympics logo can cost 400000, you can expect that companies logo would definitely cost more than 25-50$. A visit to sitepoint would prove that there are many logos in the range of 200-300 as well.
http://img30.picoodle.com/img/img30/9/8/15/f_BDVersion1m_a80e8f8.png That is a free logo. It's good. I'd like to see what these $300 dollar logos are..