Personally, I think it’s dumb, but that’s because I like my steaks rare-to-medium-rare-but-mostly-rare. If someone else likes their meat charred. . .well, hell, I don’t have to eat it, so what do I care?
The only exception, of course, is when someone doesn’t ask your steak preferences first, and serves me well-done meat. I love me a rare steak, but the flavor completely changes when it’s well-done. To me, it’s just so much protein, and I’d rather not eat it, if it’s all the same to you. I choked down more than one well-done steak from my ex’s mom–that kind of steak will literally make me gag, but I was trying to be a good guest.
. . .just as an aside, I’ve noticed that people who have grown up with well-done meat tend to be bigger fans of steak sauce. My ex–who still eats it well done–likes it, and my husband–who has converted to the bloody side of the fork–still puts it on his steaks. Even at Outback. I wept ;).