That sounds like a good policy to me as well. I think the “they will do it anyway” logic is a slippery slope, but underage drinking in college is so mainstream that preventing it is a Sisyphean task. IMO it is best to discourage but encourage a safe atmosphere when students inevitably ignore recommendations.
Stanford was also known for allowing students to drink with friends in their own rooms, in undergrad dorms, with the doors open. It was quite strongly discouraged to close the doors when drinking. These weren’t “parties” for these purposes. I think this was an excellent policy — it encouraged being social, it helped keep everyone safe, and it steered undergrad drinking in a more mature and safer direction. Sadly, IMO, this is no longer the case:
https://stanforddaily.com/2021/09/20/from-the-community-stan...
I don’t know how the actual bureaucracy and effects of the policies have changed since I was there.