I also think that like anything else in this world, it is only a status symbol if you worry about it and choose to buy it because it is perceived to be a status symbol.
This is exactly the reason why the majority of the people around here have them. Imagine, if you can, whole sororitites of girls wearaing the exact same Burberry scarves, and even Burberry plaid boots, not because they like them, but because it shows how much money daddy gives them. this is what happens here. I could care less about the status some stupid scarf gives me. I'm in school here, and hopefully I"ll be making more money than they can ever dream about in a few years.