Andrew,
ELRP goes great on the edge facing ports, it is simple to monitor and simple to configure and works great. All you would do is enable ELRP on the vlans (must configure for each vlan if tagged) and ports pointing toward your edge devices, the only real decision is what you want to do when a loop occurs, your options are: 1. take no action and log; 2. log and disable port permanently; 3. log and trap and disable port for a duration time and any combination in between. In most cases like a education installation we will disable port permanently so the admins have to take action and manually re-enable the port(s). The best thing about ELRP is its ability to find a loop several switches down, something STP Edge Safeguard cannot do.
Here is a link to the user guide regarding detailing more info and configuration examples:
http://documentation.extremenetworks.com/exos/EXOS_All/Troubleshooting/t_configure-standalone-elrp.s...