Withoomph

Not bad for quick side projects. Also check out Squarespace's do-it-yourself logo builder but one of my favorite hunts from the past month is Design Rails which uses your company name, keywords, and categories to generate a logo.

Just saw this mentioned on Twitter and had a quick go - looks like a good tool for nice minimalist logos!

well got through the process ok, but the site failed on trying to download a logo.

Designing a good logo takes time, so when we launched http://www.couponhunt.co we did not had a logo, Its just text with bigger font. Now with Withoomph its looks super easy to create logos.

Cool product, not free (as stated in the bio).

.... It never finished"designingmy logo", very simple logos and quite expensive. thanks though

This is a cool tool. The tagline says it's free, which it is not (or is no longer)