I don't know why people get overly concerned about the "logo" thing. You can't fight the system. There are literally hundreds of these fake necks flowing into the U.S. from China every day.
As long as you're honest about it when/if you go to sell the neck or a guitar that has this neck on it, there's nothing more that needs to be said. I wouldn't modify the neck or try to hide what it is.
Let Fender go after the Chinese companies selling this stuff if they have a problem with it.
Or, heck, maybe Fender could instead offer something to compete, like reasonably spec'd necks of their own that aren't $400+! They already have factories in China, so this wouldn't be a stretch for them!