Ha! So this is really all about what's meant by "dependent".
I'd always taken it to mean "dependent" in the sense of "depends on, i.e., is based on the value of". It sounds like other people interpret that as "depends on, i.e., needs to have", which is a reasonable interpretation, but a much more pejorative one.
I posted a lot on the WotC boards around the time the term came into common usage (circa 2003-4?), and I definitely used it as the former, but it seems like it may have evolved to be even more negative over time.