Before reading the whole thread, I would have said "tacky." But it sounds like it can be done tastefully with tradition in mind, so I'll change that to "it depends."
Having the groom go for the garter with the DJ playing "The Stripper" for background music would still rate "tacky" though.
But don't go by me... the girl who caught my bouquet lost the top of her strapless dress in the process. The wedding may have been in Louisiana, but I didn't want it to turn into Mardi Gras! *sigh*