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If I need a terrible logo, I use http://www.horriblelogos.com/

They're horrible and only $5

It appears that there's a Black Friday deal right now to get the $900 VIP Package (professionally designed, etc) for $5.80.

Or it's an error.

Seems like it was a bug or glitch, price is now back to $990 and no Black Friday mention.

>professional logos for much less than $990.

What's your point? You can also get professional logos for $100,000. Logofox has valued their professional design at $990, it's subjective whether you think that is high or low.

Something like 99designs makes a lot more sense, if you're willing to pay for a human-designed logo.