Fortunately yes.
The irony is we all know how this works. For years, companies have been adding plastic bobbles and rubber bits to tools to catch a buyers attention. But what tools retain their value, the basic ones, because plastic bobbles break and rubber bits rot, and five years on, replacement parts aren't available.
I'm really torn on this issue. On one hand companies should be allowed to make what they want and can convince their customers to buy. On the other hand, the amount of waste that results is really unjustifiable. I just threw away a 10 year old ceiling fan because the molded plastic ring that supported the bearing had rotted. A ceiling fan should last decades. Styles change but mechanically you can't get much simpler. And the list goes on.