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The Pen Tool, also known as the Path tool is your best friend in Photoshop to make logos or cleararts. So I would recommend you to learn how to use it. It takes a bit of practice but once you get it, no logos or cleararts are impossible to make.
Here are a couple of great tutorials for it. One video and one write up.



http://www.melissaevans.com/tutorials/h ... s-pen-tool

Good luck