Beauty is in the eye of the beholder.
Most of us like the look of our Classic Cars as they were back then, that is what probably attracted us to them in the first place. However, we used to call it "Hot Rodding" and that is what made our Classics more desireable, so things got changed to make for a more personalised car.
In the history of cars somebody always wanted more from their vehicle than what the factory were serving up so enter the "Hot Rodder".
These were the people who made the cars we now desire more attractive to us.
Having said all the above I am an Old School person and prefer a more balanced look with my wheels. The new rubber band style wheel may be better on a state of the art vehicle, but I think they make some cars look top heavy and out of balance visually.