just a little update for you guys, know you're all on the edge of your seats...
so, the new semester has come around, and so has this situation. it worked out pretty much exactly as i had hoped.i couldnt bring myself to tell girl #1 about #2 over new years because we had such a sick time and i didnt want to, and pretty much couldnt ruin the time that we had. so, start of the semester i took #2 out a few times, and then realized that she is deep into her sorority bullshit and i wouldnt be able to go out with her for at least another 2 weeks. so, given this opportunity i hit up girl #1, and we re-hit it off last weekend. holy fuck we hit it off.we partied, danced, played pong, and of course, did the deed 3 straight nights... and most importantly, her true feelings toward me finally came out.
so me and #1 are FINALLY happily together, and i told #2 about the situation with me and #1. i also explained to her that with her sorority status it would be impossible for me to carry on a steady relationship with her, no matter how much i liked her. she completely understood and we are now degraded to good friends, which was the best possible scenario. cant believe how sticky a situation i was in not too long ago, im glad everything worked out as i had hoped. thanks guys and gals for all  your input, and most of all, thanks for listening! 
now, time to shred up some east coast hills, peace.