An interesting "survey". I expect the question will attract a broad spectrum of thoughts and perspectives in response.
Me, I've spent my life immersed in the shooting sports, Rifle, Pistol, Shotgun and my first and last love archery/bowhunting. My point of view is as a result all of my experiences not just those specifically archery related.
As with many of you my first bows were spray painted but as utiltarian as that may have been in concept, I noticed that on the first bow that I actualy took the time and did up in a snake skin pattern many of the members of my club were asking if I would either show them how to do it or do it for them. So I do believe that for even those who claim to be of the opinion "plain and simple" says it best might not be entirely honest with themselves. With that said one of my best friends and the best bowhunter I know bought a pair of "Hokoleska" bows from Jim Emmerson years ago. They have remained his goto bows for all of those years. He is a true minamilist.
Me, I appreciate the concept and will point out that when I bought my Black Widow MA when they first came out many years ago it got spray painted and stayed that way for the 20 plus years I shot and hunted with it. Then it broke!!
When it broke, I had met Ken R and asked him to make me a bow to replace it. Although Ken is no longer making bows he produced some of the most efficient best looking bows available. As I recall the difference between his plain jane bow and one where I got to pick the woods was about $250 at the time. I now own a bow that is one of the most beautiful performance bows I have ever seen. It also gave an extremely talented artisan the opportunity to showcase his abilities not only from a performance aspect but from an astetic view as well. I considered the addition of well figured beautiful wood as one of the best values I have ever purchased. I know that not everyone can justify fancy wood but to my way of thinking by comparison to many other sporting pursuits "custom hand crafted bows" are incredibley cheap. think about it; Golf clubs 2-3 grand, Hockey sticks 3 Hundred dollars!, the made in China hi tech clothing we opt for, $600 for a pair of Russell boots. You might even look at the price of a dozen arrows by comparison and if they happen to have broadheads on them, check your bank balance.
I don't buy a new bow very often and most are owned for decades or until they break but by virtue of the fact that they remain such a small premium to plain and simple, give me the high powered exquisite, Thank You.
Regards to all,
dgb