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@Mr_B
Thing is, these sorts of bikes are becoming some people's 'one bike to do it all' for city folk, and often have to be carried up four flights of stairs after every outing. Nice lightweight components reward you every time you use them, on and off the bike.
Besides, whip the rack and fat tyres off that red one and you've got a really rather nice comfortable road bike that hopefully doesn't weigh a ton.
If I were ever to build a properly practical 'only' bike, I'd definitely look to save the extra weight that racks, guards and fat tyres add by using a higher-end lightweight crank and components.
Also, colour-coded racks are nice.