In terms of things that are going on in the world and in the Church, this topic is of low importance but nonetheless baffling. Since when do we wear Rosaries around the neck? Never (and I'm going all the way back to my childhood) have I been instructed or taught that it was okay to wear the Rosary around your neck, or, even more unacceptable, as a fashion statement. Yet I'm seeing more and more of this practice than ever before.
Actor Mark Wahlberg is Catholic and has a Rosary tattooed around his neck and on his chest. Is this anymore acceptable than if it had been a real Rosary instead of a painted one? Don't ask me what's at the end of it.
What about this guy? Singer George Michael wears not one, but TWO Rosaries around his neck. Is he even Catholic? Is he making a political statement? This type of Rosary-wearing reminds me of some of the sacrilegious stunts Madonna used to pull off in the early to mid eighties during her incipient fame.
Sister Mary Martha wrote a post dealing with this same topic not too long ago. According to her, it might not be as wrong as you think. It might depend on the intentionality of the person who wears it.