Using a headhunter right out of college

I've written a previous post on using a headhunter and suggested that it might not be a bad idea. After watching my fiancee' go through a headhunter here in town I have changed my mind. It is a horrible idea after college. Just from what I have observed from Molly's experience the kind of companies and clients that the headhunters service won't look at most kids right out of college. If they do it will be for temporary or internship positions that honestly do not pay much at all.
So what should you do instead? Find the job on your own. I haven't exactly told my fiancee' that yet but I'm sure she'll figure it out and be persuaded to do so when she reads this post. Being your own headhunter has its advantages. For one you don't have to worry about losing a certain percentage of your first year of wages. Second, you will appreciate the job much more if you were the one that sought it out and got it on your own. Third, if you go on a lot of interviews and see more of the opportunities for yourself then you have a much better view of the job market and what is out there waiting for someone with your skill set. And the final reason you shouldn't use a headhunter is the freedom to accept and reject interviews as you see fit. Some agents require that you take X amount of interviews out of the number that are presented which can result in a lot of wasted time and energy.
Granted there are some people who have nothing but positive things to say about headhunters and who have had great experiences. Most of them are high level professionals who do job placement for positions that the current guy isn't aware is going to be vacated.