I will never cease making paper logs. Computers are good for some things, but not as reliable, cheap, credible, or hard to mess up as paper logs. Digital is good for quick & accurate tabulation, so you really need both.
Nope...
I've been doing electronic logbook for about 6 years already. They are more accurate than my paper book. I can import my flight sequences and just fill the flight times. You can do it in your phone when done with the flying.
Just invest some money in LogTen Pro or Logbook pro. Also keep various backups in USB and external drives.
When I went to my ATP ride, I just printed my logbook and the check airman was more than happy.
No liquid paper, with times summary, no funny writing.
Electronic is the way to go. I keep my paper one as an extra backup and for my endorsements.