Kiplinger's has released Best Values in Public Colleges 2009-10, using this methodology. 

Top 25 (in-state rank)

1. North Carolina-Chapel Hill
2. Florida
3. Virginia
4. William & Mary
5. SUNY-Binghamton
6. Georgia
7. Washington
8. Maryland
9. SUNY-Geneseo
10. North Carolina State
11. UC-San Diego
12. New College of Florida
13. UCLA
14. Wisconsin
15. Georgia Tech
16. Virginia Tech
17. Florida State
18. UC-Berkeley
19. Michigan
20. UC-Irvine
21. James Madison
22. Appalachian State
23. College of New Jersey
24. Delaware
25. Texas

Top 25 (out-of-state rank)

1. SUNY-Binghamton
2. SUNY-Geneseo
3. North Carolina-Chapel Hill
4. Florida
5. College of New Jersey
6. William & Mary
7. Minnesota
8. UC-San Diego
9. North Carolina State
10. Truman State
11. Maryland
12. UC-Berkeley
13. Virginia
14. UCLA
15. Wisconsin
16. Appalachian State
17. Delaware
18. SUNY-Stony Brook
19. Pittsburgh
20. Ramapo College of New Jersey
21. Georgia
22. Washington
23. Virginia Tech
24. Michigan
25. North Carolina-Wilmington

(Hat Tip: Francine Lipman.)