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Please explain "Logos Logs will now be saved in %LOCALAPPDATA%\Logos\Logos Log Files and %LOCALAPPDATA%\Logos Log Files."
Application log files will go in the former directly; installer log files in the latter (because the former directory doesn't exist yet when installing). It's not ideal, but it allows Logos 7 to work with Controlled Folder Access ASAP.
We have an issue in our bug tracker to improve this; it's part of a bigger case around logging, e.g., see https://community.logos.com/forums/p/153104/932686.aspx#932686
And note that you will only get in this situation if you've explicitly turned Controlled Folder Access on, which (so far) is an extremely small number of customers (although that may grow if Microsoft promotes the feature heavily).
installer log files in the latter (because the former directory doesn't exist yet when installing).
I'll ask the obvious: Why can't the former be created during installation?