My old logbook was water damaged, so I've gone 100% electronic. If I wanted to I could cut all of the endorsements out of the back, but I haven't, and don't plan to.

Just a word of advice, I'd pass on the three ring binder and laminated pages--that just screams tacky and sloppy. Invest in a nice binder and some quality logbook paper. Yes, it's going to set you back about $150. However, if I was part of a hiring board and was handed a binder that someone picked up at Staples, I'd be inclined to lump them with the people that show up to interviews not wearing proper attire (i.e., no suit, etc).

Take that for whatever it's worth.