If you are outside an area with code, than there's no advantage to spending the money on grey pvc for underground use.
Personally, I use thinwall.
When I run underground electrical, I buy direct bury wire and sleeve it in thinwall PVC. At each joint, I shoot a small amount of expanding foam, then glue the joints together.
My reasoning is that the pvc is just to protect the wire from gophers or rocks. Thinwall will do this. The problem with conduit is the build up of condensation. The air in the line will form condensation and you will end up with water at the lowest point in the line. I've been told that this can be a considerable amount.
Some utilty companies regulary blow out there lines to keep the water levels down. I decided to seal up each section of pipe so the amount of moisture is limited to just one joint of pipe.
I'm not code and there are gonna be those who disagree with me. That's fine, it's how I do it.
Good luck,
Eddie