Some good research:
http://en.wikipedia.org/wiki/Female_ejaculation
For me, it is not a part of picking a hobby girl. If I'm enjoying her and like her taste, I may want her to come, but I don't need her to fake or squirt. I do like it when my face gets sloppy with her juices.
I was with a lady who squirted a lot once. She told me it was urine and that when she came she lost bladder control. She had waterproof sheets to keep it from being too messy. It wasn't a turn on, but I imagine I could tolerate it in a partner.
Since that encounter I've always assumed squirters were just peeing, but the article linked above suggests that's not certain, so I wouldn't call anyone a liar who claimed different. It isn't a fetish I seek.