beachbunny, i get the feeling from your post that you are in academia, and i'm a bit unsure where you live b/c the things you are posting as generalizations certainly aren't true in the land of academia i'm familiar with.
i'm starting my master's in the fall. my husband works at a university. my parents are both professors. i have a subscription to the chronicle. just so you know where i am coming from here.
now i certainly am not trying to tell you you are wrong in making those statements where you live (who am i to know that?) but in every place i have had experience with (and that's a lot) these generalizations don't hold water.
One problem is that cc's can't keep the good ones because they're lured away by higher paying university positions.

this may be true of a *very* small minority of academic superstars who were not even considering teaching at cc in the first place. these are the same people whose classes you may not even be able to get into if you attend a 4 year college. however, every major university these days is not offering starting salaries much better than large community colleges. even when compared to the smaller ones, the difference is not that great. to claim that, in general, universities hire away the good people from cc's is just not accurate. most major universities are choosing to rely more and more haevily on adjuncts as they face budget crunches... see point 2.
Another problem is that most cc's rely heavily on adjuncts who don't have doctorates and/or are not trained teachers in order to keep costs down -- with adjuncts, it's hit or miss.
while this may be true, adjuncts are a huge and increasing fact of life at even the best universities in this country. i went to a university that is ranked by us news and world report in the top 50 and almost 50-60% of my classes were adjuncts. the same is true of many of my friends that went to top schools, ivy league schools included. for many reasons i won't get into here, adjuncts are becoming a way of life in higher ed. going to a 4 year college to avoid adjuncts is just silly.
i hope i didn't offend you, but i just wanted to express my opinion.
regarding the op, i think community college is good for some people, not so good for others. for me, and what programs i was interested in community college would not have been good. otoh, for my sister it might have been a better choice. this doesn't mean my sister is less smart or something, just that different people have different needs.
i know cost is a factor for a lot of people, but if your child would really benefit from the opportunities (depending on your child and the program they are interested in) at a 4 year school i would urge you to try and come up with the money, even if it means your kids have to take out loans. jmho.
