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There is one photo that I know of that would indicate that one (1) car may have left the factory with a badge.
There is actually a picture in one of the very early brochures which clearly shows a car with a badge on, it's the A4 size white cover one number 030-1069-0404. On page 4 there is a yellow car with badge, however if you look at the later brochure number 010-0270-0704, (the large silver cover one) 4 months later, there is the same car, same picture but the car now has a targe fitted, number plate S-M 2333 and the badge has gone!!!
I was once told by an American that the Porsche Dealers in the States had a template so that a badge could be put on if the customer wanted one, and they would all be in the same place. I have no idea if that is true or not, certainly I have nver managed to get it confirmed. Interesting though. For me I like the badge on the front, why not!
I'm off to Stuttgart on Friday so will pop the question if I get the chance.