I don't think so! One of Hermes' classic bracelet is collier de chien, and they have studs. The bracelet has been around since the 70's, and it's STILL not dated! So I would say GO FOR IT!
I know this is all academic, now, as you've bought the bag (congrats, BTW! ).
However, this is what I would have done...
Ask yourself two questions, as objectively as possible:
1. Do you always like studs, even when they are not deemed to be in fashion?
2. Cast your mind back to 2003 (i.e. 3 years before studs started to reappear) - are you sure you would have liked this bag if you had seen it on someone's arm back then?
If the answer is yes to both, then you should be fine.
I always seem to like studs - they are one of those enduring things for me, like tigers, colour with black, blush pink and skulls.
I've always had a thing for studs and zippers.
In 2003, I wouldn't have been able to afford the bag, but I would have liked it. Me-in-2003 may not have had the confidence to wear a studded bag, but I definitely would have admired it.
So, you ordered it - have you received it in the mail, yet? I'm curious to hear how you like it.
I'd also like to mention how wonderful I find it that the general consensus around here is to go with what you're attracted to regardless of trends. Usually fashionable women are assumed to be snobbish but not so around here. It's quite nice!