I'm applying to Denver's MDP too! MDP programs are being funded by the John D. and Catherine T. MacArthur Foundation. From what I understand, these programs are skill based and focus more on applied methodology rather than theory. I believe they're primarily meant for those who want to do on-the-ground development work. However, I am willing to bet most domestically-based organizations will look fondly upon them as well.
As for UC Berkeley's program, it is still going through the approval process. UCs and California are in a financial reck at the moment, so there is a lot of red tape and bureaucracy to go through. But I was assured the program would be up and running for its first cohort in the fall of 2011. There are also other MDP programs at UC Davis, University of Minnesota and Emory, as well as around the world. If you haven't already, check out the MacArthur MDP website: http://www.macfound.org/site/c.lkLXJ8MQKrH/b.4711697/k.254A/Masters_in_Development_Practice.htm