Well, yes, and I remember people sniggering at school about the Wankel rotary engine. Little things, and so on.

I still think that in some and possibly most cases where I have encountered it the word is used in full knowledge of its current connotations and with intent to abuse. Erm, as it were. I may be wrong, of course, and I may be taking an overly jaundiced view...but I remain to be convinced.