I would be satisfied if it didn't hold me back. What I don't want to happen is to come to a point where the lack of paper stops me from achieving what I want, whether that be a promotion to management or a different job.
At the moment I don't have any "change the world" ideas that would stop me going into university. I can see the benefit of both sides though, getting actual industry experience or taking the time to spend it on learning the fundamentals, personal development etc. The social aspect of university and the fact that I'm missing out on it at 20 has also crossed my mind.