"bullshitting" was indeed a bad choice of words on my part and it's not how we see our candidates nor it's reflective of our rational why we choose this interview style. It was a mere reference to another post further above.
We try to make the candidates as comfortable as can be in a stressful interview scenario by having them talk us through some of their previous work. If that does not do it, i do not know what is. If you feel comfortable to code while others watch, good on you. I personally am not that kind of person.
We try to be mindful of their time by having a single interview with minimal mandatory preparation time and same day feedback.
We want to give them a chance to see how we as a team interact.