There is a stigma attached to those names because they generally use cheap components. If they didn't use cheap components, the stigma would (eventually / quickly) vanish and the point would be moot.

The more general version of your question, if I get you right, is:
Do you buy certain products just to make others jealous?
(^^ My paraphrase of "and bask in the glory as everyone looked jealously at your ride".)

To that I'd answer no.