Absolutely. There's nothing wrong with wearing old spice.
It's a wonderful fragrance that's managed to stick around, even though many thousands of colognes have come and gone since it was released.
Some may call it an "old man" scent and that bothers me. It's a classic and needs to be appreciated. I'm willing to bet that not very many 20 somethings would turn down driving a '50 Mercury or a 48 Chevy around, because it's an "old man" car? No, it's a classic too.
Not to derail the thread too much but as far as forgettable colognes, how about "Hai Karate"? It was bad even in the 70s, yet there are several postings on Ebay wanting outrageous prices on it. $109 for a 4 oz splace of "Hai Karate Oriental Spice". Really? LOL.
The big sell point for it wasn't the great smell, it was the fact that it came with fold up instructions of Karate moves. Supposedly, you'd need the moves to fight off the women who would try to get to you because you were wearing it.