I've had those exact shorts for a year and they're still intact. They're probably #4 in my rotation in order of favorite to least favorite (I don't think they provide as much thigh support as some of my other shorts) but I do like them.
I wouldn't sweat the logos - I bought a pair of Sugoi bibs last week - worn them twice and teh black on black logo I can't even read is starting to peel. It's no biggie.