Some reasons I liked Emerson:
-Their campus is very, very up-to-date (you can receive an IM you when your laundry is done); they bragged about it a lot on the tour I went on. Also, there was a point made that they had more Avid editing stations than a "certain other East Coast film school" (those weren't their exact words, but it was what they implied).
-LA internship program: from what I understand, starting during your junior year, you can spend a semester in LA at a variety of companies, large and small.
-Small setting: There are something like 4,000 undergraduates in total (too lazy to look up the real number), so you certainly have access to the professors and equipment. The campus is also very contained.
I'm still only a senior in high school, so I'd love it if someone that actually went there could confirm or deny what I'm saying. Also, I really want to try out Emerson's Shadow-A-Student day, where you get to follow someone who's in a similar area as you around for a day (go to all their classes, eat lunch with them, etc). I'm hoping to try it before the end of the school year.