Fanny packs are back?

I know fanny packs have been coming back and so far from what I have seen, I am not hating it like I thought I would. The bags are actually done so beautifully, it's a pretty cool way to show off the bag and still be functional. What I am surprised about is that this idea is now being targeted toward men too. The below shot is from Gaspard Yukievich's Spring 2011 collection. The whole look is great from head to toe! Who would have ever thought a fanny pack could be so cool? Props to Gaspard Yukievich!