Plus rolling resistance and the fact that some idiots think stretched tyres are a good idea, especially on wide rims - it's veering into a world of wrongness.
Damn right, the whole really wide rims with mega stretch on the rubber, just looks daft to be honest. Totally changes the ride and handling of the car as well, and is no good for a bit of spirited driving on a back road.
Really depends on what you want the car for, B-road caning or town cruising.