I moved here from a huge city after I graduated university in 2005, and I remember driving up Yale after my first night staying at a hotel near the airport and thinking "there's nothing here! What have I done?!"
I'd lived in a city with a similar population size before, but never one so flat and sprawling. It felt empty and devoid of any center. But once I 'd settled in I was really happy to be here, and I still am happy 4 years later. The surrounding landscape is second to none, and the road trip opportunities are unparalleled. I've become more relaxed and more into spending time with friends and family than I was in a city - I don't feel some weird pressure to constantly be somewhere or doing something new.
Things that I don't like about living here:
1. The shopping. Believe me, I'm not a shopaholic - but I like to buy a few new outfits for work and play once a year or so. I find it's HARD to find good stuff here. Most of it's Big Box retailers, or really nice but really expensive stores or boutiques. There aren't enough middle-of-the-road or thrift stores around. The internet is your friend for that.
2. The strong sun. I have permanent red blotches over my cheekbones from where the sun hits and constantly burns my face, even with sunscreen. It gets in your eyes when you're driving, walking, sitting in class. Urgh!
3. The isolation. Sometimes feeling so far from anywhere can be really lonely - sometimes really great, too. The lack of nightlife is the main thing - I never thought of myself as a nightlife person at all until I couldn't just go out to some huge bar on a Friday night and meet a load of new people if I wanted to. And as for something, anything, to do at New Years - forget it.
4. The driving. Never thought I'd miss public transport and being stuck on hot subways surrounded by crowds of commuters until I moved here. Now I hate having to drive everywhere, particularly because of how badly many people here drive. Public transportation has got a LOT better though, and I love the size and accessibility of Abq airport. 10 minutes from my house!
5. Meeting people. A lot of people here seem to have a ready-make network because they grew up here, so they have school friends, college friends, work friends, and their families and their siblings' families. I didn't know anyone when I moved here, and without being a student at UNM I'm not sure how I would have met people. Again, the internet helps hugely. I did make friends eventually and met my husband here too
I think people are at first more shy about, or less interested in, making friends outside of their familiar group.
Stuff I love about Abq:
1. The weather, for the most part. I'd rather be oppressed by sun than by constant damp and cold. When we get rain and thunder, it's great fun instead of being annoying
2. The quiet and the proximity to the outdoors.
3. Not having to carry rain gear all the time!
4. The people, now that I've settled in and made great friends. Some great counter- and sub-cultures here: goth, environmental, cyber, literary, outdoorsy. You'll easily find your niche.
5. Inter-generational mixing. I don't feel as stuck with my own age groups, which I found suffocating in a city. I like being around families and kids as well as singles my own age.
6. Pace of life. Much slower - I walk to and from work every day, take my own food to work, and come home and hang out with the dog or read or hike. That, I feel, is much more personally satisfying that trying to constantly impress in a city environment. I also get to live in a 2 bedroom place right near downtown and the university for $850 a month.
I miss cities and visit New York and Seattle and New Orleans whenever I can - but as soon as I leave, I miss it here.
Good luck!