I'll just leave this here: "Allnurses.com - Excelsior Grads - Where are they now?". You may all feel free to ignore whatever date ranges and individual posts you'd like.
As I already mentioned you can always find a forum with like opinions just like this one.
Also, if you read through the posts, most are working LVNs who probably were employed by the same hospital and got grandfathered into some positions just like the LVNs at my hospital system did 10 - 15 years ago.
I will say it again, for a working LVN, EC might not be a bad way to go especially if the hospital they are currently employed with support them. For a person brand new to nursing and has never worked in a hospital, I would not recommend it. I would hate to be a new grad with no hospital experience relying just on the EC ADN especially for the next 5 years.