is there beauty in functionality?
Very much so. They say that some beauty is only skin deep. That definitely applies to more than people.
If a boat can safely get you through a tough situation, or sails "well" (interpret that you will)
She sails beautifully.... She handled that beautifully....
It all depends on if the item works well for it's intended use.
But truly beautiful boats, just like the XKE mentioned above, can be so attractive that people often ignore their faults.
Which makes you wonder.. are they truly beautiful ?
As a song once said: "She ain't pretty she just looks that way"
A truly ugly SAIL boat is one that sails badly AND looks bad. Like a mac 26X.