I believe industry experience to be the interview deciding factor but there has to be more opportunities for new CS graduates. Everywhere I go there are one-to-many offshore H1B visa holders taking jobs that could be given to inexperienced graduates coached by mentors. Colleges are increasingly looking for 'real world' professsors who can share 'real world' experiences and creating courses that culminate with 'real world' projects. I am very concerned about the dwindeling CS major rate and the hopelessness that pervades through the newbie software development community about finding any job, even internships.