My thoughts exactly! I live in ACC territory so I see them a lot on t.v. and his coaching style is B-O-R-I-N-G. Worried that would turn off a lot of blue-chippers who want to run-and-dunk.
Luxury suites bring in more money than individual chair seating. So while these renovations have reduced seating capacity I'm guessing they bring in more revenue, which is why they're done.