Here's my :
I feel it entirely depends on the builder.
It can be argued that to overemphasize some details such as panel lines either more or less accurately depicts "realism", but IMHO, this entirely misses the point.
From my perspective, when I build a model, it is my "work of art", for better or worse.
In art, the artist often "overemphasis" in certain features, as exaggeration, is often seen as better depicting realism. This is true in both paintings and acting on stage. I mean the biggest box-office duds were those that were the least hyperbolic in their presentation of "reality". Go figure.
In looking at the most recent cover of FSM, I agree that the actual plane does not have that degree of ugliness, wherein the panel lines practically look like an exoskeleton, but, they certainly do stand out well under the photographic conditions, which is what I assume what the builder wanted, which I also assume is why he went into all the extra time and effort to do it the way he did.
I mean, if I built a model of Revell's "Phantom Mustang", this almost makes me wonder how many nerdy critics would say "that is not what a real Mustang looks like"
-well duhhhhhhhhhhhh.
I sincerely hope that the volume of critical comments I have seen here regarding this does not reflect a general "sour grapes" attitude amongst builder/members of this forum, lest it discourage any of our more imaginative or creative talent from seeking to see their "work of art" on FSM's front cover.
At least that is my perspective on this subject.
Tom