So every week, I'm forced to choose among activities, as my Tuesday/Thursday 7-9pm are always at least double-booked, and usually triple- or quadruple-booked. I have more than enough free hours in the week to do everything I want to do. It's just that hardly anybody ever wants to schedule anything at any other time.
You're going to have a chicken-and-egg problem getting any number of people to shift away from this schedule.
All in all, my social life is pretty normal with my night schedule. I wake up around the time my wife gets home from work. We eat together and talk and hang out. When she goes to bed, I go to work. By morning, as the rest of the world around me is waking up, I handle any errands or chores and I'm back to sleep by somewhere between 9 and 11am.
The only time my schedule ends up being an issue is when we travel. But then since I'm not working, I actually really enjoy being up during the day. It's just difficult to switch schedules from "night mode" to "day mode" and back after our travels are over. It's pretty much the same thing as jet lag when flying half way around the world. It's a pain in the ass for a couple days, but not particularly detrimental.