Hello Bassripper,
There are several reasons for this wrap. Cosmetics are not among them. This wrap goes back many years, but I will not go there for now.
Line chafing is one of the main reasons but the most important reason, IMHO, is the problem with torsion. Regardless of the guides you choose to use, there will be a great amount of torsion in the last couple of feet of the tip area, with the guides on the top. When you put a load on the rod, the tip will try to turn. Many rods fail because of this when there is to much load or a sudden jerk on the rod. I know we all are very careful for this not to happen, but sometimes, well....(:>)
The best I have found is to use a #16 SVSG type which is a high frame guide. All the rest will be NSGs after the first 4.( Or equivalent cheaper guides) I put the first guide at about 45 degrees to the left, the next(#12) at 90 degrees and a 10 and 8 to round out to the bottom. The first four will be double foot guides and the rest # 6 or #7. A light to Med. Bass rod I would use all #6s to the tip. The lower to the rod the better.
Get yourself a 1/8" dowel or small rod tip and slide it right through them to be sure you have a nice straight line to the tip.
Now this is only how I do it. I did not write this to get into a spitting contest with any other rod builders.
Good luck with that.
lobos69