The fact that it has become known as that in tennis and style circles exemplifies the problem basic tennis kit has morphed into the canvas upon which stars enforce their own (often dubious) style.
The design is a bit simpler too, but for those who want to get the GT-style, top-mounted pedal feel, Fanatec will offer a kit that will let you flip any pedal you like (and only those pedals you like) upside down -- ala the Thrustmaster T500 RS, but more gracefully.