The key word in the open house issue is "open" to allow for transparency currently lost in the limited disclosure game that is the modern interview process. That benefits everyone. Not to mention we offer evening events to respect those with full time jobs.
I admit that I tend to think of things initially in terms of myself and what I would be looking for, more of a single position for someone with experience and marketable skills, and currently holding a full-time job. There's probably some room for improvement in the process for that too, but I don't think the open house idea would be a good fit.