I think the word "rewrite" is misleading in that context. ABP does not rewrite existing referrers (which would in fact be "mafia style"), instead it adds its own referrer when correcting/rewriting links with a typo:
amazon.com/?tag=someReferrer will not be changed
amazon.comm will be rewritten to amazon.com/?tag=uf024-20
Not much better, arguably worse. If my intention was to go to Amazon.com, they're now "helping" me and writing a cookie that wouldn't have been there, and earning $ in the process. A bare WWW request should never result in affiliate income.
I tend to agree with you, but I'd be happy for Pinterest to convert any non-affiliate links to affiliate links. They'd need to make it very clear what they were doing before doing it.
I get value from Pinterest's collection, so I'm happy for them to skim a little bit of money from my purchase. Shopping is hellish, and Pinterest makes it easier for me.
I am aware that they got into trouble for using skimlinks to convert links. (I think they were converting affiliate links to their affiliate links which is pretty dodgy.)