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I usually put braces on a new line unless the block is one line long.

if (someArg == null)
throw new ArgumentNullException("someArg");

The only exception I usually have to this is if its part of a larger if-the-else statement and the other blocks are multiline and have curly braces. Then I think:

if (this == that)
doX();
else if (x == y)
{
// ..
}
else
{
// ..
}

I think the obsession with vertical space is kind of silly in this day and age. I am much more sensitive to code that sprawls horizontally forever.

Besides, I often find new line braces more readable while less compact, whereas the opposite is true for a lack of braces, same line braces, or first brace same line.

At the end of the day though, it is extremely annoying when some full-of-himself programmer ignores the established project coding guidelines. I don't care if a monkey wrote it, if I'm going to be a part of a team, I'm going to follow their rules.