hey hey, don't be so upset.

It's not a lost cause if you reallly like him. I've had a long distance relationship and it went pretty well (for the most part)considering he was 3000 miles away. (it ended recently, but don't let that scare you. i think it was worth trying, and you might have better luck!) Anyways, college kids have a lot of time off (winter break = 1 month), so it's not like you won't see him for a long period of time.
one thing tho, it takes a lot of time and energy to make long distance relationships work (there might be times where you feel like giving up, but if you both keep trying, then it should be ok). so if you're up for the challenge, go for it. don't worry about other girls stealing him away either. if you both like each other a lot, then things should be fine. besides, you wouldn't want to regret ending things with such a great guy, would you?
best of luckies =]