Awww PJ! You're a funny-packer? Damn dude, you were my hero until I heard that.
Okay, I'm a cargo pants guy. Cargo shorts too. I hate wearing anything else. But it's more of a practicality thing. Wallet, huge keyring, cell phone, PDA, iPod, USB data sticks..I gotta a lot of crap to carry and I want to do so without looking like a tourist in Florida.
The one time when I felt really uncomfortable wearing my fanny pack was on the Ohio turnpike near Toledo when my water pump broke and I was stuck along the side of the road. For some reason I felt like a real shmoe wearing shorts and a fanny pack. Other than that, not problems even though the fanny pack does have that touristy image. However, those fanny packs are incredibly PRACTICAL.