An expensive party

I'm looking into which avenue Jason and I want to take to fund our kids' college education; either 529 plan or MET (MI Educational Trust). Either way, we're getting the dollar bills sucked out of us for the next 15 years.....

....anyone have an extra $51,200 lying around that they'd like to give us? Oh wait - we have two kids...make that $102,400.

Any advice on 529 plans?

Jason and I have decided to take all of Bret's and Baby #2's savings and put it into a 529 plan. After reading up on the state's (MI) plan, I feel like that is the way to go.

Do any of you have accounts for your kids? What do you like/dislike about the plan?