If anything, its a gift to the snatch and run crowd.
Sadly there is a clique out there that sees status in what type of phone or laptop you have. Its this generations 3 series. Personal expression of wealth, or pseudo wealth. Jersey Shore, Kardassians, and the ilk.
The techies reject this use of their domain, hence the disdain expressed by many. My opinion, gaudy.
Time will tell.
I don't think this is an accurate distinction at all. Conspicuous consumption is everywhere, even within techies - you really don't have to reach as far as Jersey Shore and the Kardashians to find people who wear their electronics like jewelry.
Hell, even Uber is conspicuous consumption in a lot of cases. Why roll up to the club in a cab when you can do so in a sleek, black SUV? And we know how popular that is with the technology crowd.
The "techies" have not rejected this use of their domain, they're just a little peeved that they no longer have monopoly of using technology as bling.
The gold colored iPhone is polarizing. Those that don't like it care that others do like it, and want to convince people to agree with them. (and vice versa).