I live with it, the most annoying part being how big it is vertically. It has a weird psychological effect of screaming WASTED SPACE!!! at me, even though I rationally know that if the screen would start below would make for less space.
It's constantly bothering me to the point that I set a background with a black area at the top so that it blends with the menubar. I don't have a problem with the menubar icons though because I keep that tidy and minimal.
I punt on the issue through clamshell mode most of the time though.
To each their own, and TBH I have worse pet peeves.