Yes, I know. We are not really famous for stylish bicycles in Austria -- neither the bike produces nor most of the riders seem to have heard much about elegancy. But hey, we use our ugly trekking bikes to get around! I could think of worse things :-).
A few weeks ago I came across some -- as it seemed to me -- quickly knocked together mud- and chain guards. Well, actually it's a very creative and easy way to create something that answers the purpose. Functionality first, loveliness later. Beauty lies in the eye of the beholder anyhow. Personally I consider DIY to be quite fancy.