Archaeology is a funny thing though.
Where you get your degree is where your contact network starts. Unless you are prepared to pay to excavate, to fulfill your degree requirements, then you need those opportunities.
Especially if you wish to work in Archaeology and not just use the degree as a stepstone.
I think all of the Universities now have associated Archaeology companies; all of those companies are your only real way of finding work unless you manage to score a research post at Uni, and there it's publish or perish and incredibly competitive for posts (which will be considered on your actual work, that you need those contacts for); or you are prepared to do the backbreaking labour and travel of constant short contract field archaeology.
I've never heard of an individually 'tailor made' archaeology course before.....might I suggest that you ask if they could put you in touch with others who have gone through such a course and find out how they view it with the benefit of hindsight ?
I honestly think you should think about what you wish to use the degree to attain, and apply that to the choice you make.
In a major University you'll be one small tooth on a small cog; colleges aren't usually so large though.
I think, no, I know, this is a decision you need to justify and make for yourself. Both College and University will have career advisors who can help with your choice, but the only caveat I have is that there are hundreds of Archaeology graduates a year in the UK, and the majority do not find work in Archaeology. Over half do find work within six months of graduating, but it's not all in archaeology.
http://www.prospects.ac.uk/options_archaeology.htm
At the end of the day, what do you want to do, and mind that every Archaeologist specialises in something, and aim for that.
You only need to drink and party at Uni if you choose; it's not a requirement of your degree
and having seen how the kids behave at the local College, I think they actually drink more than they do at the Universities in Glasgow.
My husband says that Universities teach you more about how to learn, to absorb knowledge and produce it when required, and to deal with people within your chosen profession than they do about the actual subject; that it's really your first employers who teach you how to be the professional that you finished your degree to be. That's back to contacts.
There is one other point; can you afford to live at either location or pay for your travel to and fro from home?
Terribly pragmatic but very real. If you can't afford to pay the bills, to eat, then it adds layers of stress onto you when you are trying to learn.
The very best of luck with whichever course you choose Tengu
I hope you thoroughly enjoy it and it's a great success.
atb,
M