For anyone who wasn't into BMX back in the early/mid-80s,this will most likely be seen as jackass. The PK Ripper was an awesome and much sought-after race bike back in the day and I think it's cool that they're making a fixed-gear inspired by the original for today's market. SE has been around for ages doing what they do and it's not like they're trying to "cash in" on the "fixie fad" or attempting to turn anything into something it's not.
On whether or not I'd own one...I'm unsure. I do think it's pretty damn rad, though.