The Academy is everything it promises to be. If you want your players to visit a school of magic, you will not be disappointed. Make sure to have them meet a few of the sidekicks and read their quotes as more locations are discovered.
The layout is very well done, too. One thing to note, be careful with the Prestige Class features presented here. Some might find them too powerful for feats, but maybe you could use them for NPCs.
Anyway, this book is a great hit for me. Mandatory for any High-Fantasy setting!
[5 of 5 Stars!]