How legit is R considered in industry and labwork?

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Especially in comparison to SAS? I really don't have the money to buy SAS and I can't get it from my school so I'm looking for alternatives.
 
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It is very well regarded, but if your school requires you to have SAS you need to buy SAS.
 
I know that this is anecdotal, but I know a few people working at a giant national nuclear lab, and they say that they all use R to analyze experimental data. It's also the standard in the Applied Math department at my school(which is a somewhat well-known math/science university). So I hope that's encouraging.