Sorry for the long brief, but hopefully there's some good info and ideas here.
A little background: We are a forum site dedicated to Honda cars with regards to tuning, style and helping other owners. We have over 19k members and have been around for aprox. seven years. Our current logo is only temporary as we recently changed our color scheme and had to throw something up there.
I'm leaning towards web 2.0 styling or flat design.
No specific color scheme specified, although on the dark background I do like the dark oranges, reds or blues. Our members like the blues. :-p
The background color of our current header is #303B4A if you're curious, but black or white backgrounds could work too.
2-color contrasting theme would work well.
You can play with adding the tagline "An Online Community of Honda Owners", though it isn't necessary.
You can play with using the "HondaForums" name and in smaller letters adding the "http://www.hondaforums.com", though it isn't necessary.
Some type of "icon" to the left or above the name would be interesting. Doesn't even have to be Honda or Forums related.
I somewhat like the vector looking design of a car, like in the recently ended contest here http://99designs.com/contests/9636 for design #99 or #159, but obviously a Honda. If you go this route, you should probably use one of the following. Honda S2000 or Acura Integra, RSX, NSX.
I will try to give as much feedback as possible for direction as I see your ideas presented. Also, while I am pretty specific on some aspects of the logo, I would really like to see some new creative ideas that I haven't been able to think of myself. Suprise me!
You might find some ideas on this thread.
and finally, thanks for your time and patience.
I prefer Paypal, but will do WU if absolutely necessary.