Thanks a lot for the response, I've asked a few people the same question but from an employer the response has a lot more weight. I likely will apply for co-op when the next opportunity comes around. Since you made it sound easy to get a job with some of the smaller/younger startups, I guess the benefit of coop is that the larger companies (RIM/MS/Google/etc.) will take me more seriously? My thinking was that if I choose not to reapply, I would leave my summers open if I felt like working on an open source project, or if I had an opportunity to do research, or get involved with a student start-up, or if I wanted to go home for a few months. I still have to wait a while before I can even apply to transfer, so I will see how things go before making my decision.