I think you can still find accelerated programs that have much more valuable teaching information than ATP. Nothing wrong with going to an accelerated school, just make sure they teach you to become a professional pilot rather than teach you to pass your checkride.
That being said, I've met many ATP "grads" that are my colleagues and friends. It shouldn't damage your opportunity to get a job as a CFI and they really weren't bad pilots but for it's price, I still feel like it's not worth it. I don't even think ERAU is worth it but damnit when I saw their campus, I knew their education wasn't that bad like people try to claim it is. Pick what you feel is right and what you can financially afford (or a school that helps pay with a good loan or something).
There will ALWAYS be pro's and con's to your big university/accelerated program/mom and pop flight school. Find one that fits you. That's what I did for my PPL and college and I do not regret my decision. You'll run into people though that absolutely hate it no matter where you are, bud.
Good luck.
BTW, what is your location? I might know a few schools around your area if it's west coast.
Thanks. I rarely login so I hadn't noticed your reply. I'm in Florida, but I do appreciate the advice.