I think it all comes down to preference.
Kent is right in that just because it isn't color doesn't mean color won't work with it. Jack Delano is most definitely the perfect example of this. His kodachrome look pictures are excellent.
Don that's a great picture of the steam escaping from, what looks like, the feedwater heater. I've always been attracted to the steam plumes to capture the essence of a scene. Artistically, steam and smoke make a steam locomotive, period.
Here are some more:
