This is my position on both sides. I'll pick a homework assignment anytime when I have a chance as a candidate. I have lots of life commitments and this is one of the big reasons why I like it. I also like it because it's an opportunity to shine and be creative (it depends on the assignment, of course).

Yes, it's not perfect because you can end up dealing with somebody who doesn't like how you comment your code or they don't like your tests... It's actually a good thing in most cases because it also filters out the companies where you wouldn't want to work anyways.

It's an opportunity to have a meaningful and relevant conversation.