I’m a Full Sail 2004 grad that studied 3D animation. The main reason I chose Full Sail over a 4 year university was the accelerated program. During that time, i was older than the avg college student and I really didn’t want to go to a 4 year school.
I’ve learned a lot there, but I felt it was too short. With the amount I was paying for tuition, I needed more.
Each class is a month long and each month they teach you a different part of Maya… 1st month - NURBS modeling, 2nd month - shaders, 3rd month - Polygon modeling, 4th month - Particle effects, 5th month animation, so on and so on. By the end of your degree program you had 2 months to create a demo reel, then you graduate.
After you graduate, don’t think you’re going to get a job right of the bat. (unless your very very talented and have a solid demo reel). I believe their percentage of grads that get jobs right out of FS is a high (should be around 50 - 60%, not 85%).
Your still going to have hustle for a full time job or even a internship (which I highly recommend after graduation). They do have a career placement department to help you with finding a job. They were great to me, but don’t just only depend on them. You’ll still have to make the effort to look for a job. You’ll have to hound them for leads, which I did.
When I graduated it took me 6 months to get a internship, then eventually a full time position at a simulation company. Now, I work for Lockheed Martin as a 3d Artist and I’m also thinking about going back to school (UCF), to get my BA in Digital Media or Computer Science, i haven’t decided yet…
All in all, I was satisfied from what Full Sail had to offer. But I do recommend that you look into other Universities or Art schools, before deciding on FS. If I were you, I would put in the extra tuition money for a 4 yr University, since FS tuition cost seem to rise each year and their curriculum stay the same. You’ll get more of an education and greater learning experience form a university, than FS.
Good luck… And hope your dreams come true… 
@Mekhit… They do advertise A LOT! I heard rumors (from many teachers) that Full Sail invests more money into advertisement than they do for talented teachers.