I think you'll be OK so long as (1) there are no parents' weekends on C Day w/e 09; (2) no primary football match ups (i.e., Harvard/Yale, BC/Norte Dame, etc), or (3) major Boston-based events (i.e., Head of the Charles regatta, anything that will close down Mem Drive or make Storrow or Mass Ave a head ache.)
We are holding our wedding this year (/08) on Columbus Day Saturday and have been planning since last December. Consider booking hotel blocks in the 'burbs or Cambridge for great rates, good hotels, and free parking. Most out of towners will drive anyway. Good luck!