I fall into the camp of "Yeah, the GH logo ain't pretty, but it's better than nothing." In particular, I'm picky when it comes to buying games new...I hate buying used games. Besides, I see buying GH games as being smart...paying less is a nice thing, y'know? Let's not forget that games like Virtua Fighter 4: Evolution and Silent Hill 2 offer more in their GH form than prior incarnations.
Now, for those that are picky about these things: I noticed at my local Best Buy that games that became GH, but didn't have the GH packaging had new shrink wrap, with a "Greatest Hits" sticker applied to the shrink wrap, only. They had at least 10 copies like this, between Medal of Honor: Frontline, Sly Cooper, and Need for Speed: Hot Pursuit 2. So, if you're really damn intent on getting the original packaging, look for items like these.