I recently interviewed for a PGY-1 Psych position and I was personally very impressed. Great info packet sent in mail, even more very informational material given during interview. For me this shows that the program cares and has their act together even down to the small details.
Cons: Not as much elective time 4th year as other programs (though no call 4th year). Most of the residents seemed exhausted and worn down. They made it clear that they work A LOT, more than most programs, and it showed. However, they all feel very well educated.
Funding has already been approved to add one more PGY-1 spot and they are hoping to get funding for yet another.