I ride old 1970's bikes because they're what I can afford, or at least that's how it started.
Even with all the silly money I've poured into my XS650, it's still $1000's less than buying a decent 'new' bike. That has allowed me to expand my collection and hobby to include 4 other bikes.
Sure I could sell the lot, buy a $12,000 BMW F800R and flog the crap out of it, watch it depreciate daily, worry about it getting stolen and never have to turn a wrench on it, but what fun would that be?
All this debate over what makes or doesn't make a 'cafe racer' is kinda pointless. The entire, and I mean entire point of what most of us do is to get 2 wheels on the road, enjoy some riding time, do what work we can ourselves, personalize the bike to our tastes, learn a ton while we do it and meet good people. If you prefer stock footpegs and controls combined with clipons, a stretched tank, lowered riding position etc. then that's 100% totally cool with me.
If you're concerned about the opinions of others and what they think about you and your bike, then deal with that issue first.
Think the guy who built this gave a rat's ass what anyone else on the planet thought about his choice of riding position, components, style, or anything else? Highly unlikely, and that's what makes it one of the coolest bikes on the planet. That's what makes all of our bikes drool-worthy - the "I don't give a fuck what you think about me or my bike" factor.
Yes we're all slaves to fashion in one way or another, we all succumb to trends from time to time and we build on ideas and styles from previous generations. Unless you have decades of experience, decisions you make will always be in someway guided by form over function, until you gain the experience of 'function' and learn what works and what doesn't work for you and your situation. Nothing wrong with that.
Don't let anyone ever tell you your bike isn't a 'insert meaningless descriptor here' because it has or doesn't have one thing or another bolted to it.