Is there a reason to choose one of these over the other?
DateTime myDate = new DateTime();
or
DateTime myDate = default(DateTime);
Both of them are equal 1/1/0001 12:00:00 AM.
Is there a reason to choose one of these over the other?
DateTime myDate = new DateTime();
or
DateTime myDate = default(DateTime);
Both of them are equal 1/1/0001 12:00:00 AM.
No, they are identical.
default(), for any value type (DateTime is a value type) will always call the parameterless constructor.
 
    
    If you want to use default value for a DateTime parameter in a method, you can only use default(DateTime).
The following line will not compile:
    private void MyMethod(DateTime syncedTime = DateTime.MinValue)
This line will compile:
    private void MyMethod(DateTime syncedTime = default(DateTime))
 
    
    The answer is no.  Keep in mind that in both cases, mdDate.Kind = DateTimeKind.Unspecified.
Therefore it may be better to do the following:
DateTime myDate = new DateTime(1, 1, 1, 0, 0, 0, DateTimeKind.Utc);
The myDate.Kind property is readonly, so it cannot be changed after the constructor is called.  
The simpliest way to understand it is that DateTime is a struct. When you initialize a struct it's initialize to it's minimum value : DateTime.Min 
Therefore there is no difference between default(DateTime) and new DateTime() and DateTime.Min
