If the board includes the Arduino logo I would return it and demand ALL of my money back including shipping. If they refuse, I would threaten to report them for violating the trademark. After getting my money back, I would inform the Arduino folks about the trademark violation.
Why would I do that? Because the Arduino folks have essentially one rule: don't use our trademark. Would you trust a board vendor that is incapable of following that one simple rule? I certainly would not. If they can't be bothered with a small edit on the silkscreen how likely are they to get the board designed and built correctly?
There are plenty of other vendors who are capable of following that simple rule, building boards with more features, and offering them at a lower price.
It does indeed have official logos on the front and back, even the tiny little 'boot of italy'. Maybe my original post gave the wrong impression, and I feel like it's somehow reflecting poorly upon me. I bought this board under the assumption that it was genuine (it certainly looked legit in the photos). It was only after receiving it that I did some more research and found out that knockoffs were commonplace, and how to identify them. I will indeed be returning the board, as well as the other actions you've recommended, but let's not forget that I'm the victim here. I'm just a poor college kid who went looking for a bargain on ebay and got duped with a counterfeit. I came here looking for advice - to see if I could maybe make due with what fate handed me. I certainly didn't mean to undermine official channels, nor cause any offense.