This isn't just in code these days. I'd call it the Ikea phenomenon. Things that look functional and act functional in a constrained set of circumstances, and are deemed as good enough. The cost is often proportionally low, too. (ever tried to move a fully loaded Ikea dresser?)
But, as you've pointed out, the real work is in maintenance, durability, and quality, not veneers.
But, as you've pointed out, the real work is in maintenance, durability, and quality, not veneers.