To state it a little differently, I think what he’s trying to say is that people hiring expect a baseline of technical knowledge. The additional technical depth and/or worldliness is a nicety.
I think Reed will deliver a better classical education. If that’s at the expense of CS depth and breadth, I don’t know. If it is, it would be a poor choice. Somehow, I expect they do an ok job. I don’t expect they’d be better than Davis in CS specifically though.