Good for you, @minohi, and congratulations on getting into your dream school!
As for us, we didn’t place any distance restrictions on our son—any and all schools were fine with us, though we definitely would prefer that he stay within California. It’s his life, so he should be able to choose where he goes to school. That said, I do think some locations, especially those in California, have a very strong appeal for many students. And other locations can end up being a major hassle travel-wise (and expense-wise)—definitely something to consider as the student contemplates making that trek 2-3 times a year. My sense is that being within, say, a day’s drive (or less) of the student’s college can be very helpful, not only for moving the student in and out each year but also for occasional visits during the shorter school breaks, such as over Thanksgiving.