I am not a graduate, but Washington and Lee's academics are very hard to beat. It's reputation is outstanding. A degree from W&L often means easy acceptance into a top graduate school, and an easy time in the job market. The school is beautiful.
Socially, I don't know. I've read it's a heavy frat school. It is small and borders VMI. Lexington is a picturesque town.
I know nothing about it's baseball program. However, my guess would be that it's not very good considering their admissions standards are so high.