Yes, but within reason.
All modern IDEs offer one-keystroke code pretty-print, so the "indentation" point is quite irrelevant, in my opinion.
What is more important is to establish best practices: for example, use as little "out" or "ref" parameters as possible... In this example, you have 2 advantages: improves readability and also fixes a lot of mistakes (a lot of out parameters is a code smell and should probably be refactored).
Going beyond that is, in my honest opinion, a bit "anal" and unnecessarily annoying for the devs.
Good point by Hamish Smith:
Style is quite different from best
practices. It's a shame that 'coding
standards' tend to roll the two
together. If people could keep the
style part to a minimum and
concentrate on best practices that
would probably add more value.
