It's a bit long, but with a high-social noble is't basically a guaranteed +4 mood for 8 days. It even stacks, so my 2-noble colony with sky-high expectations gets by almost without breaks with only a bit of beer and tea. I'd say it's worth it.
As for bars being drained, just do it in the morning when everyone is rested and have already eaten?
As for bars being drained, just do it in the morning when everyone is rested and have already eaten?