I love the studs on these boots. They look like a mistake. When you set a stud in leather and don't hit it correctly with your tool, it smashes the stud and leaves it bent.
The entire shaft of this boot is covered in various holes and smashed studs. If it were one or two bent studs on a boot, I'd be pissed to pay $498 for them at Free People. But if you cover the whole thing in them, it's pretty amazing.