Does it just an your desk though? If you move it around it's prone to fraying. Hence the recall program.
No, I schlep it around a fair amount. I'm just very careful with this stuff. Probably to an extreme.
I recall that I had some issues with my old PowerBook Pismo UFO adapter. The power cable itself (from the adapter to the wall) had this issue where it would easily short -- you could see the burn mark through the translucent cable casing exactly where the cable had failed. This happened twice, and I'm not sure what I could have done to prevent this within normal use. But the other problem it had was at the end connecting to the computer: there was an obvious stress point that would wear out over time.
There are several obvious stress points on the magsafe adapters I have. I'm not sure where everyone is seeing fraying exactly (or the details of the recall), but the worst design decision to me has actually been on the body of the adapter, where the thin cable comes out (magsafe end). If you wrap your cable around those fold-out clips, the cable is not flexible enough right there to deal with the acute angle. So it makes sense to give it slack there.
The other problem I've seen with these adapters is with the duck heads. During normal use or when they get pulled too hard, they seem to be prone to cracks because of the way stress (and gravity!) is applied to the duck head unevenly during normal operation. I bet this is more of a problem on the duck heads and not the long cables.
If the fraying occurs right at the magsafe connector, then I guess it's something about how people are using it (even sensibly), since it's just not that flexible. Any acute angle will stress it, so I generally allow it to extend straight out as much as possible.
Anyway, the point of all of this is that the adapter could have been designed better. The new adapter is not the solution, and I think this because it is no longer symmetrical, in the sense that you can no longer flip the body around with full functionality (in the 'wrong' direction, it obscures ports). In either situation, when it's obvious something was designed less than perfectly that could reasonably fail, simple enough workarounds exist.
I'm due for a new machine at work (eyeing a 17" MBP!), but I intend on keeping an older magsafe around as long as possible.