Oh, no doubt there are benefits. If I come across a little sour right now, a close family member recently graduated and signed up for the military without really talking to anyone, because the recruiter told him being a peon in the Army would guarantee him a job at Google.

In my day job, I work with enlisted (not Air Force) and a bunch of ex-military, so I'm pretty familiar with the situation. I have actually been wondering if military retirement drives down wages, because a bunch of guys take pretty low salaries that are only okay because of their retirement check. Great deal for them, and definitely well-earned - it's no cakewalk to earn military retirement, harder than anything almost anyone in the private sector has to do - but I wonder how it works out across the labor market.

I do feel like, outside of the officer corps (who for some reason seem to hold onto it more often), the sense of noble purpose often gets crushed out by the inanity and bureaucracy so many of them have to put up with. IME that's usually why they don't re-enlist.