Here are some links you might like if you have not visited them before!

WebGFX http://www.webgfx.ch/startwebgfx.html
Make your own professional looking Logo. Very cool site!

Animation Online http://www.web-animator.com/
Instantly create free animated banners for advertising, Create instantly on the web using templates. You do not need to be an animator or an artist! Create animated banners, animated buttons, and displays from templates.

Media Builder http://www.mediabuilder.com/
Free banner, button and gif optizer.

Creative Connectivity BannerMaker http://www.crecon.com/banners.html
Make your own banner online.

CoolText http://www.cooltext.com/
An online logo, buttons or bullets generator for web pages.

Animated Banners http://www.animation.com/gt/homepage.asp
Use www.animation.com's award-winning animation tools and designs to create your own customized web banners, greeting cards, and signature files.

The Banner Generator http://coder.com/creations/banner/
Make your own banner- Easy to use, limited backgrounds, unlimited colors, serveral fonts and advanced algorithms.

Textures:
http://textures.z7server.com
Titti

www.dafont.com - greatest free font site ever but beware if the font says for free personal use you cannot use it in selling like logos!

Can someone add some more links? Some of the links are dead.

Looking for free logo generator sites that can offer a round seal instead of a square logo.

David