it looks like Formata to my tired eyes.

http://www.myfonts.com/fonts/berthold/formata-bq/

Not that tired, are they? :^)

And very nice too - if Eric was alive now he would be spinning in his grave.

Is this a good font to use for logos or should it just be used for text?

Just use it well. :^)

I've seen it used in logos before and it's a solid choice, especially if you want to convey a more human feel.