Illogical punctuation rules

" This is an example of what the Court has called "the chilling effect."

rather than

This is an example of what the Court has called "the chilling effect".

The latter style isn't wrong, and some prefer it because it seems more logical; my Oxford English Grammar says that it's the norm in British English. But most American publishers always put the period and the comma inside the quotation mark."

I think the latter style is correct, though I've usually tried to conform to American convention. Lately I've been deliberately doing it the logical way despite the American rule. I'm glad to see Prof. Volokh post on the issue.