Congrats to those who got into UI!
I'm an undergrad here (transferred here in 2008) and I'm graduating this May. I would say UI is a great place to study (nice professors & fellow students) but not a good place to enjoy your life (you know it). Just like other Mid-west colloge towns, Iowa City is (basically) in the middle of nowhere, the nearst city is Chicago (4-5 hr drive away) and we have only one shopping mall in this area (20 min drive away). For the undergrads it's a famous drinking school, but I think it would be much better if you're grad student who have almost no time for friday night house parties... well the academic aspect is well known throughout mid-west as we have a lot of faculties originally graduated from illinois, kansas, minnesota, michigan and wisconsin... so you'll get a good network in the surrounding big cities (say, minneapolis, kansas city, des moines, milwaukee or chicago) If you're a PhD student you'd better prepare yourself spending more than 5 years in this tiny little town and you won't get crazy eventually (that's some of the grad students told me =( after all welcome to iowa, where snow falls for half a year into april!!!