Ha. Ha. Vintage ghetto look maybe. Classic bad taste definitely.
I have a panoply of old cameras from the 30s to 80s and none of them are trimmed in gold, faux or otherwise. They are either all black, all aluminum (a minox sub-minature), or black with chrome or aluminum trim.
Getting past that, who is this accessory for? It's bulkier than a decent pocket cam and guess it weights similar. Are their that many Black Eyed Peas groupies to make this profitable? I'd joke that maybe it can see-through Fergie's costumes, but then again, so can my naked eyes.