I've just finished my first year at the Atrium in Cardiff studying Sound Technology. Mixed feelings about the course really - the facilities are great, nice studios complete with Audient desks, Genelec monitors, cutting edge and vintage outboard etc which help greatly to enhance understanding on recording basics, and on paper the course curriculum is very broad (we study modules ranging from musical history, to band production, to electronics, media, synthesis, live sound etc)...however the thing that's letting the course down is the lecturers, they are so lazy, unorganised and full of bullshit it's unbelievable, I have to stop and think sometimes - am I really paying thousands to be sitting in a "Repertoire Production Techniques" lecture at 9AM, listening to a bespectacled 45 year old man wearing a Clint Eastwood waistcoat play a song on youtube that sounds like the demonic and frankly disturbing offspring of Rammstein and Tiesto whilst describing his "sick trip in Bristol over the weekend" (not the 'school trip' type of trip).
All in all, if you really want to work in the industry in future and are willing to endure hours of useless lectures and pointless assignments for the odd golden nugget of information that comes along every few weeks (which WILL help you in the industry), then by all means go for a course such as this, because it will give you valuable experience in areas such as doing live sound and recording a band (including unlimited, FREE studio time using top of the range equipment) which may be hard to come by otherwise. However bear in mind that you will have to withstand twatty, pretentious, borderline dementia-by-drugs lecturers who are stuck in the late 80s, still believing that acid house is the "next big thing", that crappy 10+ minute "prog rock" songs laid down with a shitty sawtooth bass that sounds like a hollow fart is "the way forward" (it is not), and that because the BBC couldn't get hold of Kasabian or Rammstein to do a song for the Dr Who soundtrack, they asked him to do it instead (the natural third choice of course).
Make of that what you will, but I haven't really learned that much so far; the first year just served to help clarify a few things that I wasn't too sure of and to get everyone to the same level (everyone still isn't). I hope that during the next two years the lecturers will start taking it much more seriously, because the next 2 years actually counts towards the degree. if they don't, they can shove their shitty hollow fart sawtooth bass up their arses.
In conclusion, yes the course is worth it because of the facilities alone, but only if you have a high patience threshold because of aforementioned twatty lecturers.
/rant