Kim, I will also be attending an MLA program beginning this summer, and have read through this entire thread. While I am surprised and worried by the attitudes and job market descriptions being offered by most posters, it seems to me that you are making the right decision for yourself. Your current career does not bring you personal fulfillment or utilize your talents. You are making a move to change your situation, and apparently that decision involves some risk of not landing a job immediately after graduation due to the current economic situation and the relative insecurity of LA as compared to some other professions. But while there is risk in this, there is also some certainty – the certainty that continuing on in a profession you loathe without chancing to escape it would be far worse that not getting a job as a LA. At the least, you’ll be living your dream for three years in Austin. Welcome, btw. I’ve loved my years in this city.
~naive Tom