It certainly is a fad that I'll never understand. I LOVE that "new guitar" look, though I completely understand the attraction to an old, beat-up, relic that's been reliable for years as the "one you take to gigs."
As I've shown several times before, here's Walter Trout's main axe (which used to be Artic White!) getting ready to have a new D string. If you saw it sitting next to a dumpster, you might leave it there, yet this girl sounds incredible!