on a more serious note in terms of my opinion, i'm actually more repulsed by "big chrome rims" and "bling" on old cars, but of course it all depends on WHY you're doing it, you might have a car thats built for performance and have mods that aren't as period-perfect but work better.
that doesn't apply to whitewalls of course, and again it depends on why you're doing it, some people just like "old school" stuff and aren't pretentious about the period itself, but rather the fact that its retro... different kind of tastes...
if you're going to start complaining about other people's poor taste, i'd be more sympathetic if it was about people putting "bling" on a corolla, since its a cheap car. To me, this raises the "idiot" flag, since if they wanted to show off their prowess with shiny objects, they would have been better off showing off the fact that they're saving their money with a sensible car they're not modding, or at least showing off the BMW they could have bought without mods, istead of pimping out a poor old corolla.
of course, this all implies that i understand what on earth goes on between the ears of such a person, and i honestly don't.
if i really did, i would do the same thing to my car.