hey if you didnt buy that little red book already (I actually have the black one with 10 legs instead of the 6 that the red comes with cuz I'm a turboprop slave) you should get it from outermarker.com... I found that their shipping is the cheapest if you're only going to get the logbook.. like $1.95.
personally i plan on transferring all the info from the little book to the real Jepp logbook, but I haven't done it since I got hired....... not looking forward to it!! I dont recommend doing this as it really piles up on you..!
and yes, definitely log that sim time, it's level D.