Hey seefortyone -
I haven't gone through the program myself, but I know a couple of people who have.
It's a limited residency program - if I understand correctly, you meet for six weeks out of the year, and are otherwise in the field working on projects and assignments and checking in via Skype/email.
Excellent faculty and visiting lecturers as you've mentioned, and some great names have recently come out of the program.
So, my admittedly secondhand impressions -
It can be the perfect fit, IF what you're looking for is low-residency. If you're looking for a classroom community and supportive learning environment to foster your growth as an artist, this might not be it. If you're looking for some time to dedicate to working on your art and want (limited) access to some great faculty, it could be the ticket.
One of the alum I know absolutely loved the program, in part because it meant he could still work and have his home life while going to school. Another expressed regrets and wished that maybe he had gone for a non limited-res program. It depends on what your needs are.