My personal opinion is that for many folks the joy of simply keeping the animals alive and thriving is gone.
I see it all the time. A new customer comes in and sets up a reef tank. At first they are thrilled by Nemo and serpent Starfish and Nassarius snails and gently moving leather corals in the flow. Soon they grow bored with the basics and venture to the internet and then they come back in after a few months spouting out all kinds of designer coral names and are self proclaimed experts on reefkeeping. Within 6 to 12 months they have burned through enough livestock and money that they leave the hobby and perpetuate the old myth that saltwater aquariums and reefs in particular are impossible to keep. In the meantime the store owner is all to happy to accommodate the newbie, striking while the iron is hot. Ich, algae, and dead corals--the all too common lament of new hobbyists. The fun hobby turned into a chore that put a rift between husband and wife. All too common a scenario and all so easily avoidable.
While the designer names in and of themselves have not much to do with the above scenario, they do in my opinion lessen the value of the animal itself. No longer is the high priced designer named newest released frag just a coral. It's a status symbol, a potential money maker, an intsant sense of accomplishment, ahh yes--a pyramid scheme! As a hobbyist I don't hear as much joy in reefkeeping as much as I hear about collecting the designer coral and one ups manship. I must admit at giving out a chuckle whenever I see "new release" as though the coral was hatched in someone's basement or concocted out of a mix of chemicals on a lab bench. I started in the hobby when just the thought of keeping a coral in an aquarium was an exciting goal. I personally find the name game boring.
OK, so you think I'm just a stodgy curmudgeon. After 50 years in this hobby I still am enthralled by simple things. A serpent starfish crawling out of a crevice at feeding time, a Nassarius snail popping up from the sand, a beautiful group of mature leather corals swaying in the flow, a pair of Clownfish guarding their eggs, watching a goby hop around the rocks or a blenny scurrying to its hole in a rock. The mesmerizing actions of Xenia!
To each their own. Some folks chuckle at my simplistic thoughts, others sit back and find joy in their frag tank of sticks with big price tags. Live and let live my friends. Just one man's opinions.