Yep, I only had to nick a really nice dorko once to decide every single inch of the strop wasn't all that important. I still use most of the strop, but stop somewhere short of the logo just to give that hardware a wide berth.
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I concurr with most of the others in this thread in that I use the entire length of my strop. I have an SRD extra long 3" English Bridle Leather strop and I love all the real state on that baby. I find that with it's extra length and 3" width it allows me to achieve nice long full fluid passes with my razor on the strop. Just my two cents