Wow those are harsh words. Yes, I too am a graphic designer, and in my business, pretty much all I do is recreate logos. It's not bad business, it's life and it benefits the company by spreading the logo. Turning down free advertisement, now that's bad business.
If you don't want to use it, that's fine. I just figured I'd save you an hours work if you were looking for it. I know you don't mass produce, so I figured you'd be ok with it. I'm sorry, I was wrong.