Definitely!
I only knew one kid with a Krate back then, and he was this super straight laced Mormon kid with a Mom that pretty much had him tied to a leash.
He always seemed to on the outside looking in, no matter where we were, or what we were doing.
We all thought the bike was ridiculous.
One of the guys got a Sears Screamer for Christmas, and we just laughed at it.
He ended up stripping it down, but there was only so much you could do with a bike like that.
My guess is now, that the reason those bikes are so collectible, is because it was almost impossible for one to survive with all its gingerbread intact.
The only ones that made it, were owned by the Mormon kid with the overbearing Mom.