In 1995 no one cared what a PC looked like. The driving factors were "You mean I can send a message...electronically!?", "I can chat with other people in a chatroom in real time!?", etc. But today those features are commonplace, and people really do care about how the product looks as much as the capabilities of the hardware. Does this imply some sort of plateau in the progress of the technology or the features it offers? I'd say yes - if a fully functional VR system were available tomorrow (think Oculus v10.0+) it's design would be almost irrelevant in light of the new experiences it offered.
Then again, you could argue the Air wasn't style but usability/convenience of lower weight/size.
I'll take that thought one step further. The sound of an "ugly" teletype banging away line by line with a "basic" program was actually quite cool. Later on I thought I had it made when I could find a green crt that wasn't all beat in the school computer center. [1]
[1] Used one of these at Wharton:
That it's become mainstream like an automobile? Or a house?