I think most of the stigma attached to the term 'computer geek' wore off when Bill Gates made his first billion dollars, not to mention all the dot com millionaires (Google, etc) since then.
The word 'geek' can still be used as an insult (to various degrees), but is not necessarily taken as such by the intended target (as an insult, it generally means the person using it is jealous or embarrassed because they don't know as much about computers or technology <img src="/ubbthreads/images/graemlins/biggrin.gif" alt="" /> ).
In some circles, being a geek is something to aspire to. For example, the magazine Maximum PC sometimes rates gadgets that it does not do a full review of as 'geek tested and approved (or disapproved)' and has had a couple quizzes, where you answer multiple choice questions and check your score to see how much of a geek you are (IIRC last year the categories were something like uber geek [never scored this high <img src="/ubbthreads/images/graemlins/cry.gif" alt="" /> ], regular geek, geek in training or geek wannabe).