It's both good and bad when a holiday falls in the middle of the week.  Good because you can make it a longer holiday and not burn as much vacation.  Bad because if you don't want to use vacation, you have to come back to work and the 3 day weekend that could have been is gone.

I know a lot of people here are taking the enite week off.

Will you be here on Monday, or not til Monday the 9th?