That definitely is ugly!
Roller chains are relatively inexpensive for what you get. I've seen cheap sets for as low as 30 bucks. Even "good" sets from known manufacturers like Cloyse or Ford Racing are typically under 70 or so. At least they were last time I checked!
They do stretch, but so do hy-vo (sp?) silent-types. Never noticed more or less stretch, but felt better knowing I had full metal gears and a double roller chain in all my builds. Not that many compared to many of you, but have had good luck with them
If you find a standard silent type with all metal gears too (like many trucks, police cars and other HD applications got from the factory) that's good quality at a decent price, no reason I can think of not to use that either.
Paul