Local meat-product makes good

... in Korea, of all places. The LA Times reports:

SEOUL — Stroll into an expensive department store and walk straight past the $180 watermelon with a ribbon twirled just so around its stem. Don't bother with the tea in a butterfly-shaped tin for $153, or with the gift boxes of Belgian chocolates or French cheeses.

If you're looking for a gift that bespeaks elegance and taste, you might try Spam. The luncheon meat might be the subject of satire back home in the U.S., but in South Korea, it is positively classy. With $136 million in sales, South Korea is the largest market in the world for Spam outside the United States. But here, some consider the pink luncheon meat with its gelatinous shell too nice to buy for themselves, and 40% of the Spam is purchased as gifts.

Especially during the holidays, you can see the blue-and-yellow cans neatly stacked in the aisles of the better stores. South Koreans are nearly as passionate about packaging as the Japanese are, and the Spam often comes wrapped in boxed sets. A set of 12 cans costs $44.

"Spam really is a luxury item," said Han Geun Rae, 43, an impeccably dressed fashion buyer who was loading gift boxes of Spam into a cart at the Shinsegae department store before the recent Chusok holiday.

Wow. This, to me, is crazy - though I can think of other examples (the article even makes reference to the classic one of the French and Jerry Lewis). Right off the bat, though, I can't think of similar examples in this country. I'm sure there are some, I just can't think of any. What are the things we prize that are considered low-rent or laughable in their country of origin?