Relicing on guitars was (generally) started by the Fender Custom Shop doing a Tele for Keith Richards in the 90's. Imagine Keith playing a shiny new guitar and you get the picture. But distressing as a decorative technique has been used in the furniture world for a long time. It comes under criticism on guitars for a few reasons by players but at the end of the day it's just another finish. The rub comes in because it is what is implied by creating such a finish - that it alludes to a player worn instrument. A chair or table with a distressed finish is not looked at so personally...
"why doesn't the owner of that (replica of a rare old chair) just sit in it enough to create real (sitters) wear." (poser!) It's clear how silly this is, and frankly I feel it's silly to level the same argument onto a "relic'd" guitar. As a student of history I appreciate 'real' player wear as it tells a story about the player, like an artifact. As an artist I love how forces both natural (temperature/time) and functional (playing) created a beautiful 'non-perfect' look. As a player, I love the way a well-worn instrument feels/plays and how it sounds. The combination of these things is why I love these 'road-worn' examples, and it's why I eventually acquired my own very player-worn '66 P. Do I feel like a poser because I'm playing a bass worn by someone else? Am I attempting to fool anyone seeing me play it that it was me playing the bass every day and night since 1966 that lead to the way it looks? The short answer to both questions would be no. FTR, Sting didn't own his '56 P since new.
Another factor which I've brought up before is that regardless of how much one plays their bass - not all players will heavily distress their instrument. I certainly don't. My much played basses show very minimal/subtle wear. My '64 T-bird is not checqued and the lacquer finish is still intact. The chrome is tarnished and it has dings, many that have happened since I've owned ('78) and played professionally for years in Chicago blues bars - but I wouldn't consider it distressed. I have basses with satin finishes which get shiny in the places I interface - and I dull the necks on them every once and a while when they get all shiny, with plenty of finish left.
In my opinion, Fender had a right to go the distressed route because their products from the golden age of guitars earned that right. The reason so many Fender guitars and basses are in these pages is 1) they were the most professionally played instruments during those prime decades, and 2) the thin nitro finishes shrink over time making them even thinner. The poly-epoxy finishes of today are incredibly tough. I removed the finish from an '96 MIJ '51 P reissue (the mustard colour) and it was one of the hardest things I've ever done. I finally ended up sending the slab body through a planer to fully remove the tenacious coating from the front and back. If that finish was done instead of nitro in the 40's/50's/60's - there would be very few if any "distressed" Fender instruments.
So in summery, I love these beautiful (real) distressed finishes - and all other 'relic'd' finishes I judge on their artistic merits, as in, if the relicing is done well/is convincing, or not. I never look at a relic'd instrument and see a "fake" - I see a good or poor finish job, and when I see a good job of relic'ing I study it for tips on how it was pulled off. And contrary to popular belief, these finishes are not created by being "dragged behind a truck"- when done well it is actually a sophisticated technique guided by a critical and studied eye. Fenders mass-produced relic finishes on the other hand are born of their companies marketing dept, but they have also innovated production techniques to accomplish that look. After decades of shiny finishes - attempting something different/creative (at least in concept) is welcomed in my book. The 'Flee" J is an extension of that and although I've never had one to study or play, many players love the way they and the Road-Worn series play/sound. In plain fact the RW series is a very popular ($) line for Fender.
Some players like shiny paint finishes, some like glitter finishes, some like 'natural' finishes, and others like a road-worn finish. I'm secure enough with my relationship to playing bass that I just don't take 'finishes' so personally. Funny statement from Mr Gildaxe as I love finishes of all types for many reasons - it's just that I keep hearing this beating-of-a-dead-horse that starts with ..."that's FAKE - just play your bass enough to cause REAL wear." (revisit chair analogy above)