Both Microsoft and Google seem to do it just fine using their main infrastructure though, so there's that. And apart from (performing or hopefully kickstarting) troubleshooting of SPF and (especially) DKIM failures, going through the forensic reports (which not everyone sends, even if they do summaries, due to message privacy concerns) will definitely satisfy your 'WTF-quota' for the day, since you get to see some spoofed messages that are usually just blackholed, and some of those are truly bizarre...
Yes, Gmail for example will drop emails from mass-senders that don't implement both SPF and DKIM.
(For me, it's sort-of the opposite: there are fun spam patterns to be found in DMARC records with reporting addresses!)
Rejecting DMARC reports from any sender that doesn't have a correct SPF/DKIM/DMARC setup is the bare minimum.