What is the condition of the rest of the raft?
Usually outfitter surplus rafts have some age and wear, otherwise the outfitter would still keep them in service. If you scored a gem that is otherwise in excellent shape I would pay the $300 to make it look pretty. It will look nice and really help the raft hold its value. If it has wear spots, patches, and other repairs I'd probably consider just patching over it like you mentioned. Pretty managable and inexpensive if you have at least some experience with patching and glue work. Another alternative is to buy PVC paint if you want to cover it, but the end result will probably look like a paint over job.
If the boat is a beater I would just rock that logo as long as the company hasn't sold you the raft with the condition that you remove their name. And even then it's their problem for selling a raft, being lazy, and not taking care of the logo themselves.
Usually outfitter surplus rafts have some age and wear, otherwise the outfitter would still keep them in service. If you scored a gem that is otherwise in excellent shape I would pay the $300 to make it look pretty. It will look nice and really help the raft hold its value. If it has wear spots, patches, and other repairs I'd probably consider just patching over it like you mentioned. Pretty managable and inexpensive if you have at least some experience with patching and glue work. Another alternative is to buy PVC paint if you want to cover it, but the end result will probably look like a paint over job.
If the boat is a beater I would just rock that logo as long as the company hasn't sold you the raft with the condition that you remove their name. And even then it's their problem for selling a raft, being lazy, and not taking care of the logo themselves.