Beauty and functionality are two answers.
I'll let Tugster do the talking and the photography. HERE is his spread taken at the Wooden Boat Festival in Mystic, this past weekend - sponsored by Woodenboat.
Above are a rowboat from tugster, and a shot from the dock at Seawanhaka Corinthian Yacht Club of Canvasback. A 100 y.o. (with all original planks!) 48 foot "commuter boat". Wait, I want to go to work that way too.