Yeah, giclee is still around. My art loving wife asked me what it meant and I think was a little disappointed when I explained it was just high-brow speak for "ink jet."

Not that ink jet prints can't be really good - I've seen some - but it's still an ink jet. Dressing it up in pretentious French doesn't change anything but make the one doing the labeling look pretentious if not downright silly, IMHO.