Hey there,
My this is a long thread.
Considering my experience stems from my compulsory service in the Dutch army this is a topic I became interested in when I found it on this Forum.
1217 put the records right. I was drafted as one of the last draftees after finishing my education and receiving my BSc. Most of my mates were also just off the university and as conscripts we fell into a reorganizing military organization. The government had decided to abolish compulsory service and did not do it the way the Belgians had done it a year before, the Big Bang way.
Main reason for abolishing it in the Netherlands was the fall of the iron curtain and that was obvious in my military training. I was trained to be an officer and we had several classes on tactics and what was called OPFOR (opposing forces), which mainly focused on then no longer existing Soviet Forces.
Now we've been without conscripts for almost 10 years. As a reserve officer I've been in the loop a little. But I do see changes in upbringing. I'm not constituting the indifference youngster (my that sounds old) show these days to them not having gone through compulsory service, but the teamwork and sense of community we found in the army did give us something extra I don't see in those a lot younger than me.
As some of you proposed compulsory service for delinquents or those dropping out of school is not wise for regular military to solve. I think that can be done under good supervision in a different "civil" servitude. There's so much that can be done in our greying over country. A shortage in nursing can be solved that way for instance.
But compulsory service never did me wrong. For defense (and I state the word defense on purpose) it could be a good addition to home forces. I don't think the boys and maybe even girls could use some structure some never got at home. Only those willing and able should be allowed to participate in out of area operations. I would not think well of our offspring being forced to go to Iraq or Iran as they used to (Beirut and Yugoslavia spring to mind). Conscripts have no place there unless they really choose to (ie future reserves like me).
I'm very cheap as a reserve, they only pay me when I have an exercise or training and have a job myself that keeps me busy when I'm not thinking military thoughts.
Above are just my humble thoughts on this subject, do with it as you please