Is it bad etiquette to do an electrical inspection during a house party?

I'm an electrician, and I'm going to a Christmas party at a friend's house tonight, and a bunch of other friends will be there. I always have a hard time resisting looking at the electrical wiring, and doing an inspection whenever I go to someone's house. Electrical things (service panel, outlets, switches, GFI's, etc.) are the first things I notice, and I've been in some friend's houses who had a number of code violations. Would it be bad etiquette to point out all the electrical code violations during a Christmas party?