Assignment Night, Drop Night, wow, what great memories. My own drop night was fantastic, plenty of alcohol, shenanigans and things I may never do again.
Once I became a Flight Commander at UPT, I dreaded Assignment Night and looked forward to it with equal measure. Having a hand in the future of someone's life for the next 10 years is a humbling experience, the drama of watching the excitement and utter collapse was one of the most interesting things of my time in the USAF. I still remember the first guy to get an UAV out of Assignment Night, the guy looked like he had been sentenced to death by a jury of his peers, but fully accepted his situation knowing he had "earned" it. Even still, it was heartbreaking.
Assignment Night/Drop Night was the culmination of greater than 52 weeks of intense, gratifying and excruciating work (college, applying to UPT, IFT, medicals before that), the chance to blow off some steam should've never been taken away. I fear in today's military it has been.