I don't have an issue with the race or class restrictions, but I voted no because I simply don't see the point. For a short term campaign, maybe. But I like a lot of the options we wouldn't have just using the SRD.
As others have stated, I don't see a reason for it. If the DM doesn't have access to books, I can create a campaign for them and add them as a "player" and they'll have access to most things.
As others have stated, I don't see a reason for it. If the DM doesn't have access to books, I can create a campaign for them and add them as a "player" and they'll have access to most things.