No, I don't think it will go that far. I think there will always be call for shiny new things.
The point is that the whole relic issue is not really a big deal, although some people do seem to get a bit heated about it. And it's not exclusive to basses and guitars either. I like beaten up jeans and if I was in the minority then the shops wouldn't be full of them. Of course the same issues apply to all...if it's done well it looks good, if not, not!
I just think if that somebody is giving us relic fans a hard time while wearing a pair of distressed jeans, they need to think twice!