Well, I've been noticing more and more of this style of photography in magazines and billboard lately.
American Apparel images from their websiteSome might think it's because of the economy: no elaborate lighting and expensive digital equipment, maybe just get an HOLGA (see my hello lomo! post) and the accountant can shoot it right here in the office!
Well, no offense to the accountant, but that's really not the best choice: there's a real difference between a "homemade look" which is controlled, tasteful (sometimes),consistent and plain homemade.
So yes, we still need professional photographers and mostly art directors (wink wink) by the way, check out my portfolio if you haven't in a while.