I've got trekking bars on my Surly and really like 'em. They're actually the same Kalloy ones on VO, just in black. I had them on my old hyrid, too... they migrated with some other parts to the LHT when I built it up. I've toyed with the idea of buying the components to try a drop bar setup, but it's not b/c I don't like my trekking bars.
My vote out of the two options: trekking.
BTW, they are not fugly. My bike takes umbrage.