Well I think it's fugly too, so there. I really wouldn't want it any other way. It's tradition. I also think they could have done it better, maybe injected some highlights, gone with a better etching effect, etc. I like it, but it's fugly.
Of course I haven't seen it in real life, so I may have to eat my words, but from the pictures I do declare it fugly, perhaps even butt-fugly.
In the realm of disks that look better, are you talking about any disk or just GODs? As GC disks go, I'd have to say I prefer both the oot bonus disk and the Eternal Darkness disk. As all disks go, you can't beat Blue Oyster Cult: Cult Classic, that's a sweet looking disk.