That would be pretty stupid. Simey rebolted a route and should be able to explain what and why he did so (which he has).
As far as I see it:
1. crap gear should be replaced or removed (if modern gear makes it redundant), and moved if it was in a stupid position in the first place. Simey did this and good on him for doing so.
2. adding bolts to existing climbs is occasionally justified. This will always be a grey area with differing viewpoints, and also depend on the specifics of each situation.
In between the slinging both robertsonja and simey both made valid points. I cant remember a thing about the climb (and yes I have done it), but from the sounds of it in this situation rebolting this seems overall positive.
Perhaps an extreme antibolter could make a strong argument about one of the bolts, but it certainly doesn't warrant a chopping now that its been done (actually the rap station is debateable too).
The people that blindly say "yeh goodonya simey" are just as stupid as the people who blindly say "yeh chop the buggers", which is just as stupid as suggesting to "pretend" it was a new route".