Stuidos are limited to Coffee Pot, Small fridge(with a very small freezer section), Microwave(small)and a toaster(I think it is a 2 slice). Now I know college students are really capable of coming up with all kinds of fast cooking meals...cheese rice, soup etc.
Personally I think the Dining Plan at $38 pp per day is great. I doubt you would need anything other than drinking money(if you are old enough to do that-or at least other drinks if not)
Check out the menus at
www.allearsnet.com and you will be amazed with what you get.
You should go to the whole Dining Board and looking for the DDP to see what people have been getting. Make your ADR's soon for dinners
I think it would just be so much easier to tell everyone "your food dollars are $38 dollars per day"...bTW that includes tax and tip, so not other worries

. Also be aware that Ice water in cups is free, but bottled water of course is not.
Other thing you can do is Book you arrival stuidos as a seperate ressie-no dining plan.
The DDE is great but...you will only save on sitdown meals, and you save 20% which to me is like not having to tip. The good thing is that only one person need the card(but you all must be dining together) to take advantage of it. Personally I would hate being the one constantly footing the bill for 8 friends-it makes everyone pay in cash...and we all know what will happen)
The DDP ( 2 rooms) will allow those that want it to room together (say 4 want it, and 4 don't) and the 2nd room does not need to get it. Check with Member Services to make sure you can split the stuidos.