I haven't really paid a whole lot of attention to the Open Source Hardware Summit happenings, but the logo submissions all look great!
I expect we'll see great things in OSHW in the future. It's definitely a trend to keep an eye on. The OSHW Definition 1.0 was recently published and I see that 1.1 is already being drafted. Er, no... released. At least, that's what the text on the page says, though I can't find a definition versioned 1.1.
Anyway, there's an organized, deliberate movement afoot to formalize what Open Source Hardware is, what it means, and the ramifications it has on the community and intellectual property rights. Many of the Big Names in the hacker community are part of the organization and there will be, I'm sure, pressures for hardware hackers to release hardware under the 'official' OSHW definition. OSHW will definitely play a big role in hardware hacking as time goes on.