I've never understood the appeal of things that are distressed. To me distressed just means it is time to replace something. If my shoes get distressed I buy new ones, the same thing with my game controllers. Mad Catz has unveiled a new guitar controller for Rock Band on the Xbox 360 that is a distressed Fender Telecaster.
The controller looks cool though it looks worn out to me. The controller is wireless and is called a "player's edition" by the manufacturer. It is equipped with four different ways to activate overdrive including an optional Overdrive pedal, a back tuning button, a tilt mechanism, and a touch sensitive pickup above the strum bar.
Other features include Shredderz fret buttons that Mad Catz says makes difficult solos easier to complete. The guitar controller sells for $109.99, which isn't cheap but it's not the most expensive guitar controller I have ever seen either. Too bad there seems to be no PS3 version offered.