I'm not a fan of the clipping sound, and never use it in my mixes. I find it is very much like the natural preference for loudness; it seems superior at the first listen, but becomes tiring to listen to over time, and I end up actively avoiding that music.
It is great for disposable music like hiphop, rap and EDM, cash cow stuff destined to be landfill fodder. But music as art, things that will be enjoyable in 20 years, not so much...
If it brings in your clients, go for it, you gotta feed your family after all. And labels do like noise, apparently. But, consider that 70% of the current music market consists of 'oldies' mixed in the 50s-80s. Perhaps there's a good reason for that?
Let the flaming commence...