It's so we can all have parties to celebrate/comiserate whatever happens!!
Well, that's what I'm doing, anyway hehe. Double Black Smirnoff's and Pina Colada Slushee's... It's a celebration waiting to happen!!! That wouldn't look too good at 9 a.m. hehehe.
Man, I am so excited
I don't think it should happen once results are received - not everyone is using ATAR for admission! For me, my transcript wasn't available until late December,and to get it sent over here, authorised and then sent to UAC took a while. I'm sure there were many others in similar positions - waiting for the results of 2009 courses to be released. Also, the time gives people the opportunity to research and visit prospective universities.
Although I do think that the wait is a little too long, especially between preference closing and offers. It seems to me that it gets late each year. I think around 10th of January would be best.
I always thought that UAC should release the offers at 5am or something, so that only the people who really want to check their offers will, and then the servers won't be so slow.