I am with you. I do not like the looks of them either. However in a world were selection 4x108 wheels are limited, it becomes even more limited to find wheels specifically drilled for 4x108. The question is does it weaken the integrity of the wheel having 8 holes drilled in a 2" thick piece of metal? My answer would be yes, but depends on the driving conditions and the capability of the car to add the necessary stress, as well as, how often it is put under such conditions. It is at that point that I would imagine that ANY wheel would give way not at the hub, but at the spokes. IMO.
I wonder if there is some sort of cap out there that can be placed in the holes not being used so that it doesn't look so bad?