Acid wash

Is it a yay or nay these days to acid washed clothing/accessories? I'm not entirely sure how I feel about it. I went thrifting yesterday and found some amazing black Levi's for $4. The whole ride home I was trying to figure out if cutting them, ripping them, and bleaching them would be worth the risk.
After pages and pages of Tumblr and Pinterest scrolling, I've decided to experiment... just not with these babies. I'm now searching for some high waisted Levi's, the hunt begins.