I'm not a fan.
I'm quite neutral, really. I wouldn't be at all fussed if it disappeared, but equally, I don't agree with a blanklet dismissal of it whereby it's a subgenre of stripping, & stripping's all the same.
I have come across it as part of goth nights in the last 3-4 years. My impression is that some of it's clever/funny/entertaining; some of it's actually quite erotic; & some of it's a bit boring.
The atmosphere in the audience is very different to the atmosphere in a pub when someone's stag do/hen do stripper shows up; it's celebratory, not predatory.
It's all in the context.
I appreciate that there are other posters, whose views I respect, who will completely disagree, but I'm sticking to my guns here.