> For $300, you're typically not getting as well thought out a design as you would for $10,000.

You're likely to get a temporary logo that lasts you 6-12 months until you need a real logo. On the other end of the pricing extreme, Vancouver supposedly spent $239,000 on a logo design.

http://archive.citycaucus.com/2009/12/239000-dollars-for-gre...