aixaix, I guess it's a perspective item. While there is some blurring in the middle, the collector might be envious of someone else's bike whereas the rider will simply admire. So, with that:

1. No bike I ride is a cosmetic accessory nor will a fancier bike change anybody's impression of me.
2. I'll admire a well maintained/restored upper tier bicycle the same as a well maintained/restored lower tier bike. Perhaps more so if appearances indicate it's been rode a lot.

Brad