A new trim trend

While browsing some ezines online, I started noticing a popular trend in trim treatment.
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It's something I had seen Martha Stewart do a while back, but here's more for you. Basically, the approach is to paint out everything the same color, to provide a striking backdrop for feature items to pop against and unify the space.
I've heard traditional trim treatment referred to as a "bright white frame". In a way, it kinda is.
Unifying the trim and wall color does update and modernize more formal architectural features.
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What do you think of this painting approach? It certainly is a change. Do you like it? Hate it?

(Scrambling to get holiday preparations in order, so posts might be a bit light this week- my apologies! -Rachel)