Sharp points = Old school.
Round points = New school.
It all depends on what school are you. It most probably takes more inate skill to do sharp points the old school way, but I feel that CNC inlays/points are a little more versatile in there design and do require a whole different type of skill, drafting and CNC programming.
Personally, most CNC cues with round points do appear a little lazy though. I think any respecting cue builder should at least go back and sharpen them up some, but that might take that special touch that it takes to be a great cue guy and not just a mass produced production/custom cue. Just my opinion.
I like em' both.
Regards,
Frank