Industrial Design trend.... is there a new wave happening?  

I dunno about the rest of them...
...but Dino is just going by what his renters want.
"Reclaiming salvaged materials, using uncommon
combinations and adhering to modernist tenants,
we have broadened our range of products."

I like and appreciate...
I like and appreciate industrial design, but I agree with you that a lot of old cr*p is being sold to unsuspecting yuppies as "industrial" with sometimes literally a $1,000 markup. It's crazy.
I checked out that website you mentioned and while they have a few nice things, I am bowled over by the amount of stuff that's just dingy and dirty being sold for hundreds or thousands of dollars.
I actually want to look further through the website but their layout is so obnoxious I think I'll just stop.

there's a sucker born every minute
And one of them is going to buy this "vintage art nouveau iron tailor's table", subtext "old treadle sewing machine base that can be had for under $100 on Craiglist in any city, anywhere, anytime; no sewing machine, just a piece of old wood on top".
$1180
http://www.factory20.com/tables/vintage-art-nouveau-iron-tailors-table/

The layout/interface on that...
The layout/interface on that website really is horrendous.

I have
always had a thing for "industrial". I like things that did something. The current trend is both kinda cool and kinda gross.
I have sold quite a few things, mostly lamps, that I would not have expected to sell previously, that could be described as industrial in style.
Oh yes, and stools. I have sold quite a few stools. Go figure.

All of this 19th century cast...
All of this 19th century cast-iron Victorian emphasis seems more along the lines of the recent Steampunk trend than industrial design in general?

George Seurat tables are...
George Seurat tables are hard to find. I have been waiting for a chance to get the taboret surface, used for "A Sunday Afternoon on the Island of La Grande Jatte" I must have this atelier.... is this price fair?
http://www.factory20.com/tables/seurat-painters-vintage-workshop-table/

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Don't really have the time to dedicate to the industrial, romantic, steam punk thing but for any readers who like that sort of thing I can highly recommend China Mieville, especially The City and The City and The Scar, filled with exciting descriptions of strange decrepit environments, creatures and goings on, mostly the novels are just a lot of fun.

Two of you commented that...
Two of you commented that you didn't like the modern50 or factory20 website layout. What web browser do you use? Or are you looking at the site on a smart phone or pad device? I am an XP microsoft devotee, and use a non flash version of firefox to browse with, mostly because I dislike macromedia flash sites.
I rather like the web layout and the non flash environment. I have always liked that site for its raw simplicity. I also like this one for layout and simplicity:
http://keithweesner.com/

Toronto
is definitely seeing the trend to Industrial. Several shops that 8 years ago were mid-century modern have shifted over to the Charles Dickens look. It's amazing what people will pay for a set of vintage high school lockers (soft industrial?)
After IKEA comes out with faux industrial, what'll be next on the design radar?

Flash sucks
Everyone knows that.
But I agree that that website could certainly be cleaner, more intuitive, and better organized. It looks like a Yahoo store template.... perhaps that is what precisely what it is.

There's a very
sucker born every minute, eh, waffle ? Guess that's the name of the game. Very enlightening . . .

there's no
accounting for taste, right? Or lack thereof?
I used to be the only person with a lick of interest in office/factory/farm type dohickies. No Mas.