Whenever I've seen the word "gay" used on the 'net in this context, it's usually been spelled "ghey"...
Obviously not an official spelling, but a good way to differentiate between the two versions of the word.
Regarding logos:
IMO, a logo needs to fulfill several criteria...
1) Easily recognisable with minimal "give away" - the "Amiga" (red-dot-over-the-i) doesn't work too well here.
2) Works when used on different types of media - TV, print, packaging, etc. i.e. at different resolutions/sizes, and potentially colour and b/w.
3) Can be used to do something! A cool logo is one that reaches out to people; catches their attention. If it can be animated, then it's a good 'un! (Saying this, however, doesn't vindicate the Windows logo...!)
4) Ideally the logo should relate to the product or company. Not too sure how this would work for the Amiga, unless the logo is a heart, perhaps boing patterned !

FWIW, my vote goes to the Check Mark, and then the Boing ball.
The Check has
so many advertising possibilities that are just crying out for exploitation...
"Powerful processor... check
High-definition multimedia graphics... check
True pre-emptive multitasking... check
Slick, small operating system... check
...
All checks are complete - we are ready to go!"
etc. :-D
/back to work...
