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I guess I am revealing my age a little here, but I went through RUSH and loved it. I was then a PLEDGE and loved it. I was a PLEDGE for a whole semester, and then a month into 2nd semester, and I loved it.
I thought being a pledge was awesome. We were special - it was like going to a party everyday - meeting new people, getting little gifts, enjoying activities planned for your benefit. What a dream world we had for a semester!
I don't know much about the shorter cycles since that came right after I graduated, and I am sure it has some great benefits. I think a huge drawback, as another GCer mentioned, is the lack of grades before initiation, especially if you are initiating freshmen. I don't think the system was broken, but like everything else, a few people found a way to spoil it for everyone. Those same types will find a way with the shorter cycles too.
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Adding 's does not make a word, not even an acronym, plural
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