I wish I could get through to people that relative paths are the way to go for us, but they just can't seem to get it right.
We have this bad habit of renaming folders throughout a project to correspond with the current submittal (35%, 65%, 99%, etc...). Which is all well and good if people would use relative path when attaching their xrefs. It's not too difficult to repath, but sometimes the number of drawings is just huge. It's gotten so bad that I've written a lisp routine to automatically repath (it assumes certain things based on our folder structure).
My vote is for relative though. Another good reason is if you're going to be sharing drawings with clients, you won't have to bind the xrefs as long as you send them the whole folder structure.