I think it's a nice touch, especially when tournaments are being played. Here in Chicago, Beverly has a great, grand old clubhouse with a pub that overlooks the 18th green. About 40 years ago, the "powers that be" decided to build a modern collection of rooms that wrapped around part of the building. In the process, we lost a nice old screened-in porch and acquired a rather garish patio that overlooks the pool and the 18th green. It's unsightly from the golf course, IMHO, but the view OF the golf course and the green specifically is terrific. It's a great place to watch a bunch of nervous club golfers puke all over themselves during our annual calcutta.
Flossmoor, which has finally completed its amazing renovation, has a great clubhouse that overlooks 16, 17 and 18. Its grill room and 19th holes have that view and they have an outdoor patio that is a splendid spot to watch play. One of the unique features of the renovation is that the three fairways on 16, 17 and 18 actually connect, contiguously at one point. They removed hundreds of trees from these three holes and the resulting view from the clubhouse is nothing short of spectacular. (BTW, anybody who comes to Chicago this year should come to the south suburbs and try to play Flossmoor and the re-tooled Olympia Fields South courses.)
On the other hand, the clubhouse at Shoreacres is a five-wood away from the 18th green and it just may be the best in town.