Just to add to the RG 'debate'.
I am currently at a RG university, my fiance is at a very close by uni that is not RG mainly because it is an arts university, though his course is more humanities based, i.e I am on a much 'better' 'academic' course than he is.
Next year, I am looking at going to a redbrick for my masters, perhaps a bit lower than redbrick, I'm not sure where it falls. My fiance is looking at various uni's including cambridge. We are basically looking for the courses that are the best for what we want to study.
My RG does not do what I want to study at a postgrad level and, actually, my undergrad is quite broad and the specialism it does offer is not the particular field that I am interested in.
Conversely, fiance has done amazingly well at his uni and the 'mickey mouse' element actually means that he has done things and worked on his specialism that a more 'traditional' degree would not have allowed, for example, he has had work published and paid for.
I'm not really sure what I'm saying, but RG means nothing really if you know what you want to do. Also, as I'm sure many of you know, RG refers to the research taking place, which will have little to no bearing on the quality of the undergrad courses/teaching.