<p>There’s already a good discussion of that (Early Decision, not the other ED) here:</p>
<p><a href=“http://talk.collegeconfidential.com/rice-university/779482-early-decision.html[/url]”>http://talk.collegeconfidential.com/rice-university/779482-early-decision.html</a></p>
<p>Unless you have specific questions, you may find that useful.</p>