U should not hesitate ! This is a nice place to go!
4 reasons (among others) :
- hard work but manageable
- stimulating challenges
- Top academics and practitioners
- general skills improvement (drafting, presentation...)

Why? Personal experience.
A better proof than : if you don't pay at least 10.000 and 1/100 is accepted, this is not a serious program.... (humor :-) )

The course program of the LL.M. in European Competition and IP law of the University of Liège has been redrafted for the 2010-2011 academic year.
It features more IP, and more competition law! It also features new teachers (which are all "big guns" in their field), and new opportunities for internship.

Direct link to the program booklet:
http://www.droit.ulg.ac.be/ieje/fileadmin/IEJE/Pdf/ULG-IEJEbr.pdf