Another similar program but without the lock-in is Code Academy (http://codeacademy.org) in Chicago. It is different than hungry academy in that you pay up front ($6k) but my understanding is that most of their students are going to be offered a job with Groupon (where it is hosted) or another LightBank company, but under no obligation to do it. I think some of the current students might be starting their own companies instead.
Feefighters did a guest lecture, and i know theyve had a bunch of other a-list guest speakers, including dhh and harper (cto for obama). I met some of the students at an hn meetup, and they were pretty awesome, motivated and bright.
Pretty cool that both of these exist though, I think they'll continue to grow. There are a lot of people who didnt do comp sci in school and don't want to do it on their own