I am in the middle of finishing up this application, and thought that I might ask the folks at Cyburbia about the program. It looks like VT-Alexandria is a relatively new program, and there isn't all that much information on the website about admissions, financial aid, etc. However, there are some great faculty members listed on the website, and some of the courses that are being offered look really interesting. Plus, it looks like VT-Alexandria is only the second urban planning program in Washington DC (after Maryland-College Park).
If anyone has any experienece, information, etc. regarding this program, please email or post; I'd love to hear any thoughts. My wife is really excited about this option for graduate school, so I'm starting to look a bit harder at VTA.