I figured I had plenty of time to live in an appartment post ND and off campus housing was pretty shitty when I was there.
I spent a fair amount of time at my girlfriend's off campus place senior year and had the 3rd floor single then, but at least for me, the comradery of the dorms is a once in a lifetime experience...well, twice if you were in one in HS too, but with booze.
We also had hard alcohol then so I had a nice little bar in my room. Tried to add a touch of class to the joint.
As far as the policy, I don't care one way or the other.