Also, if you are running cable or a series of connected pipes, there is a lower liklihood of a joint snagging on a round hole, rather than catching a corner of a rectangular hole.
But, the point of this exercise is that it demands that a person envision the problem in his head, rather than spin off some pre-canned answers. If you can envisiona problem, and think of solutions - you are NOT a typical academic.
Very different mind-set - this works well for engineers.