> Is there a critical spacer shortage I'm unaware of? 

My problem with spacers is there are too darn many of them.  IMO opinion, 
spacers are kind of ugly.
 
A custom 1" threadless stem that does not spacers is almost as good as a 
quill, so long as my desired bar height does not change.   I say almost 
because aesthetically, I think the thinner quill stem emerging from the 
headset provides a more visually clean transition to the handlebars.  
 
Jim Thill is probably on to something when he says part of this owes 
something to what I grew up with.  On the other hand, Fixie Hipsters, whose 
primary bike objective is aesthetics put a premium on old quill stem 
bikes.  The quill may not be the only factor but given it is what the rider 
sees most while riding, it must have an attraction for them. 

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