Beyond the logging, which I love, I use it for the differentiation of states. I'm just a little more attentive when I type "sudo" before something.
At work, a relatively young engineer accidentally typed a command meant for a test database server into a production window. There was a big rush to restore from backups, and there was a small amount of data loss.
One thing that came out of the retrospective, requested by the engineer in question, was the production hat. Before you opened up a connection to a production machine, you had to put on the large pirate hat. You could only put it back when you had closed the connections. I didn't really need it, but it was a great way for people to learn the necessary caution.
It also ended up being a nice exclusive lock on futzing with production, and seeing it in use led to some good discussions that otherwise might not have happened. But the main thing was developing a strong differentiation of states in everybody's heads.