Honestly, I kept searching for a /s tag on that.
While I personally like to ride (though not exclusively) lugged steel bikes set up with with modern-ish Campagnolo Ergos, I do it because I think that is the style that's most aesthetically pleasing to me. Not my lightest bikes or most aero bikes, but looking at my 89/90-ish Colnago Super/Superismo Piu for example just makes me smile. Shiny chrome, nice lugs with cool cutouts, beautiful paint job. It's a work of art. Pretty much for that reason, I wouldn't want to race it (even though the replaceable number hanger suggests that's just what it's for). I also accept that not everyone shares my sense of aesthetics and would by no means want to mandate everyone ride/race on that.