Can't see resistor colour codes changing due to metrication. Nor a lot of other things. Mnemonics are, as they always have been, an effective way of helping the novice or infrequent user remember the sequence of things whose order cannot be directly derived from the naming convention. So they will always be with us.
Being slightly risque can be a great help to memorability. Especially for young adults. Jim's example being a good one although when I learned it at RARDE the "w" word was different. Fundamentally its no different to the way rhyme and rhythm is exploited in poetry and song so only the right word fits, helping to defeat chinese whispers type errors.
Clive