You just put it all in so good words. Can't agree more with you! The community is a caring one and all wish to see it thrive and flurish.
There is definitely room for more discussion and talks of how the community should and could use these logos in harmony in the best ways possible.
I don't think people say nay for it not looking good. I think they say nay for changing the brand.
Addition
Personally I'm for the new design and rebranding of the whole wallet and system. I can however see using the current logo and brand as an addition on special wares and goods.