I graduated in 2009 and the final project I directed has gone on to show at a bunchof film festivals. I’m working on the next short, with features on the horizon.
As others have said, the value you get out of it depends greatly on the amount of effort you put in. I think this fact accounts for the good and bad reviews you’ve read. I had some classmates that absolutely refused to put in the necessary work. Either they slacked on their writing and missed chances to direct one of the group projects, or they adamantly refused to learn anything technical, or were constantly late, etc. I don’t know the reasons for this, but I imagine people like them are writing the bad reviews.
This is not to say that SFI is perfect. The classes are very tech heavy, and my main complaint is there is not enough instruction on directing actors, which all the technical stuff is only there to capture. However the technical instruction is very good, especially since you get to work with real film. For all the advances of digital technology, film is still a huge part of the industry and being competent working with it is a valuable asset. Also the equipment is sometimes a little run down. I actually think this is good training for real-world problem solving.
In conclusion I think it’s quite possible to get a good education in filmmaking at SFI and a good start to you career. Work hard and prod the teachers until they answer all your questions satisfactorily. You will learn a lot.
Some final tips:
• Be helpful to your classmates, and later colleagues. They are not your competition, by raising them up, you raise yourself up.
• Learn every aspect of everyone’s job, even if you’re not interested in it. You need to know in order to communicate on set.
• Don’t use papyrus in your titles.
• Good luck. Have fun.