Mine is covered with Gaffer tape. All ID marks are covered. Don't want to intimidate subjects by allowing them to think I have anything other than a generic, cheap, point-and-shoot
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LOL, that's funny.
No, it's quite practical.
I usually mask horrible brand printing that stands out with electricians black plastic tape. It's surprising how much smaller and unobtrusive the camera becomes. No distractions for the subject either, it just works better.
I once sold a Nikon film SLR that was taped as I had forgotten about the tape. It took months for the buyer to realise that the tape was there, and then they decided to leave it looking anonymous anyway.
It stops others who may have camera envy even seeing what the camera might be. It works for me to stay as unobtrusive as possible.
The only comment though that I have had with my Oly E-PL1 (unmasked as yet) was a young woman noticed the brand and said "Olympus, I didn't know that they still made cameras, my Dad had one years ago". So unmasked it could be a conversation starter or it could be a target for thieves, take your pick.
Regards............. Guy