Are you talking about Morgan Hill? If so:
Small town, neighborly feel, beautiful back drops between west hills and Lake Anderson.
Great prices as the area was hit hard with distressed homes because it was one of the last neighborhoods with new development in 2005-2007. There are going to deals in 2011 but then a slow recovery in 2012-2014 is predicted for the area.
Lot size, land, price, newer homes available, and more square footage on average are key buying points.
Potential plus - CAL TRAIN. Eventual/projected high speed rail will increase desirability
Disadvantages : Some of the land is under authority of the Williamson Act.
If you are commuting to core Silicon Valley (Mtn View, Palo Alto), 101 commute is a bear. But - Cal train is available.
School scores are not as high as some would like but are improving.
Hope that helps.