Someone should design an animated gif where it starts with the first logo, them morphs into the second logo, then the second logo morphs into the third logo...etc.
I like the elite logo but that might stand out too much when or if Oakley Legal catches wind of it. In fact I am surprised The legal department has not asked for some of the things posted to be taken done. Perhaps they do not know about the forum or do not feel it is a big enough threat but they are persistant when they attack.
Not sure it would be good business sense to have a go at your own fan-base. If I was Oakley I'd be more tempted to think this forum is excellent free publicity, a hive of ideas for future models, and a good source for obtaining feedback of what their fans (read: loyal customers) want.
But yeah - there may be some jobsworth in their legal dept who might take a more negative view!