I am a DOT 5 person but not without costs as my front brake sending unit ('76 750F) died a couple of times. My reasons are mostly desire of lack of corrosion. (I finally converted to a Harley sending unit)
There is an article in one of the current car restoration magazines by an engineer. It talks about how DOT 3 (and 4) absorb water over time (which most people knew) but additionally that 2 yearsis a good point to flush it out and put new in.
I built a road race bike in 1984 based on a 1979 750F. I put stainless lines on it and DOT 5. Raced it for 3 seasons and then made it back into a street bike, selling it in 1994. The new owner used it for several years but then it ended up outdoors in Maine for two winters. I got it back two years ago; it was a mess as you can well imagine. However, after all this, the front brakes worked flawlessly and the fluid looked clean. Meanwhile the rear brake, which was still DOT 3 based, was total junk, not even being rebuildable.
My 76 CB 750F and 1958 Ford Thunderbird are both DOT 5 based with the only problem being the aforementioned sending units, since solved.
Knowing more now about DOT 3 now, it would not bother me to use it as I would change it, especially with the help of those neat bleed screws with the check valves in them.
John