The hardest part for me was figuring you which location to choose (they have one in New York and one in Los Angeles). I chose New York, because I can't deal without having a winter.
I have finished my first two semesters and am a little ways into my third. I am really having the time of my life, I debated whether or not to even do the third and fourth semester of my program as I felt I got so much out of my first that I was ready to start making movies on my own.
Yet there are just so many resources available through the school (insurance, equipment, crew, SAG agreements, etc.) that I figured it would be best for me to stay and save that money for after I'd graduated. If you're considering film school (and even if you're not looking to get a degree from it) this is the best option that I can recommend.
The other schools under the NYFA umbrella seem to be good too, I've only worked with the acting and the producing school though.