However, if you're writing katamari code (that is, a tangled ball of garbage), you're sacrificing long term productivity. It seems like most people definitely don't err on the side of too high quality.
Oh, I totally agree (and +1 for the katamari reference. Your king will be around to insult you soon!). Most code is awful and doesn't meet even minimum standards. The industry error is strongly on the negative side.
I'm just arguing against the case I've heard from many programmers that better code is always better. At a certain point, you hit diminishing returns and lose sight of the goal.