Changing the action of a blank by wrapping thread at the butt section above the forward grip was at one time nothing more than a run of thread covering the distance up the blank you wanted to stiffen. In a production situation, getting fancy wasn't a way to turn out a bunch of rods. Some butt wraps can take 18 hours.
My opinion is that life is way to short to fish an ugly rod. Heres a few butt wraps done for both looks and performance. The top 2 are single axis, or exist top and bottom of the rod, the lower one is double axis, with the diamonds existing on all 4 sides of the blank. Yeah, thats an Ugly Stick in the background of the 1st picture, it's the rod I loan out when I take a newb along.
God is Great, Beer is Good, People are crazy.