Mike, any fumes where you are sitting right now?
Seriously guys, just about anything pre-'49, in primer or flat black is called a rat rod these days regardless of the quality of the workmanship or parts used. Where ever the term was coined, it has out grown its origins and is now an automotive trend that continues to grow.
Like any automotive trend you either love it or hate it. (I still think lowered mini-trucks are totally ridiculous.)