I want to have some fonts which I can use for Creating some nice looking text logos. Can someone point to a good website where I can download good fonts with some amazing shapes of letters which are suitable for logos?

1st of all I ask for permission to call you brother, and then I must say that what is nature of logo mean company its nature of work, I mean if you are working for music company then you must look for the font which shows the music if some one not read the detail of tht company but your logo font shows him the whole story of that company.

and there is lots of good sites on net which I am using for designing purposes.
http://simplythebest.net/fonts/western_fonts.html

and lots of other search via Sir google :-)

Dafont.com
PCfonts.com
1001fonts.com

dafont is really amazing, but i am downloading fonts one by one, is there any easy way to download all the fonts at once? Please advice.

a simple google search will do.

I have got the program now, Which is downloading automatically specified files. Teleportpro. I hope you will find it useful for downloading whole site or file type from that site.