I agree it sounds like a fun education, I'm not quite convinced about the 'good' bit. I guess it depends on what you want out of high school. Faffing about in a professionally equipped TV and recording studio and getting drunk in Spain for a week are certainly both educational in some sense, but it's hardly what I'd call well rounded.
Then again I suppose anything that makes kids excited about high school is probably a good thing, even if it means sacrificing the academic side of things. A 'bad' education that you enjoy is probably more rewarding than a 'good' education you hate.
I'd say 1 week a year of partying doesn't immediately ruin your roundedness. But yes, some faffing may make kids more excited about making TV shows than they are about latin grammar.
Then again I suppose anything that makes kids excited about high school is probably a good thing, even if it means sacrificing the academic side of things. A 'bad' education that you enjoy is probably more rewarding than a 'good' education you hate.