Not the best picture here, but you can see the discoloration on portions of the decal. You can actually feel the surface of the decal around the edges, a slight fraying. Nothing huge and something I absolutely wasn't concerned about. The bike is still beautiful and rides like a dream, frayed decal or not.
I was a bit curious, though. Could I easily replace the decal? I contacted Miesha at Rivendell, asking if I could obtain a decal and installation instructions, if possible. She got me in touch with Keven, who asked how the decal was damaged. Unfortunately, decal replacement isn't easy. Apparently, the frame is clear coated after decal installation and the only way to have the decals replaced is to strip, repaint, re-decal, and clear coat.
So much for a simple stick-on decal replacement. I don't think I'm ready for a repaint, just having assembled my bike. There's nothing wrong with a bit a beausage, anyhow!