Indeed, I misspoke. I only had financial sense in mind. We have certainly not discounted EDH. Here's what I see so far (and certainly set me straight if I'm wrong, I want to make the right choice for us in the end)...
Folsom Positives:
Pretty town, lots of nice new shopping restaurants, etc.
Lots of community parks
More stable housing market?
Lower utilities
Less "affluenza"
Good schools
Less risk of fire damage
EDH Positives:
Gorgeous neighborhoods
More rural feel
More house for the money? (even when not counting Serrano)
Good schools
Less risk of flood damage
Other input?