I was curious as to how accurate this was, so I decided to take a look at the curriculum at the college I went to (and the school OP is currently at):

Usually, an AE is an ME with fewer elective choices

ME Major Electives: 5
AE Major Electives: 5
Dual AE/ME Electives: 1

Dual degree seekers replace their electives with courses from the other program.

less electrical education

ME EE courses: 1
AE EE courses: 1
Dual AE/ME EE Courses: 1

ME Labs tangentially related to EE: 3
AE Courses tangentially related to EE: 3
Dual AE/ME Courses tangentially related to EE: 4

A total of 4 EE-ish courses for ME's, 4 for AE's, and 5 for duals.

and less required practical/hands-on/design experience (for undergrads).

Undergraduate ME labs/design classes: 9

Undergraduate AE labs/design classes: 5

Dual AE/ME: 9

This is true. The nature of aerospace engineering is such that it's a lot harder to do labs/design work due to cost.

At the end of the day, at UF the AE and ME programs are very similar.

By going aero, you miss out (or must take via electives) on mech design II/III (replaced with aero design-- these are essentially senior design,) vibes, heat transfer, thermal labs, and FEA.

By going mech, you miss out (or must take via electives) on compressible flow, astrodynamics, aerodynamics, aero sciences lab, propulsion, stability & control of aircraft and aero design I/II (replaced with mech design-- these are essentially senior design)