I find this debate interesting.
In the regular world, whenever there is a revolution somewhere, the
new government typically spends insane amounts of energy renaming
streets and other symbols. Anyone that's been involve in a website
design knows that you'll spend an eternity in font and color hell
while elements in desperate need of attention (structure,
functionality, etc) are ignored.
At the end of the day, it is the substance of code4lib that makes it
what it is. Logos, committees, and the like are relevant, but it's
important not to get too caught up in internal dynamics. I suspect
that hardly anyone will notice whether the code4lib logo is totally
fly or if it sucks. Consider ACM. The name is an anachronism. The logo
is as boring as it gets. Yet they do all right.
However, symbols and external perceptions are sometimes important. If
that weren't true, bottled water companies wouldn't be nearly as
successful as they are.