Having worked at shops that used this architecture it's really not that bad. Can you write the code to do one schema migration? Great, now you can do 1000. App server boots and runs the schema migrations, drops privs and launches the app. Now you've staved off your scaling issues from "how to have a db large enough to hold all our customer data" to "how to have a db large enough to hold our biggest customer's data." Much easier.
One of the many reasons to put good constrains on fields and use referential integrity! If you don't let the database enforce data validity you are gonna get fucked at some point!
source: every single place I've worked at that poo-poos referential integrity has a database that is full of bullshit that "the application code" never cleaned up
Always use referential integrity. The people who are against it almost always are against it for superstitious reasons (eg: "it makes things slow" or "only one codebase calls it so the code can enforce the integrity"). All it takes is exactly one bug in the application code to corrupt the whole damn thing. And that bug will happen over the lifetime of the product regardless of how "good" or "awesome" the programmers think they are....
That's one thing yes. What if there's a transient network error, or the DB runs out of memory, and now you have some data in an old state and some in a new.
You're lecturing about table design. I'm talking about more general transactionality over any errors.