Mmm-hm. I had the same reaction.
I was explaining some of the finer points of OO to a friend who's starting to learn; one point being you often don't begin to realize any benefit from OO until you start to re-use, begin abstract subclassing, or work collaboratively (which are actually different facets of the same process). The reinvention argument begins to fail when you work on a project with more than one engineer. From a single programmer's POV, any farming-out of work begins to look like avoiding reinvention, and it must occur if the project is going to be completed in reasonable time frames.
Many fears are born of stupidity and ignorance -
Which you should be feeding with rumour and generalisation.
BOfH, 2002 "Episode" 10