There hasnt yet been proof positive that cholesterol consumed from foods actually raises you blood serum cholesterol levels. The body actually produces most of its own cholesterol (if i remember right, its 70% produced, 30% consumed on average). In cases where a person consumes more cholesterol than average, the body has been known to reduce its internal production of cholesterol. The fact that the body produces its own cholesterol is the reason why some people will have high cholesterol no matter what they do with their diet and exercise. There were also some studies done showing a strong correlation between saturated fats and blood serum cholesterol levels, so dont think eggs completely safe, as like mentioned, the yolks can pile up the saturated fat quickly.
as far as eggs are concerned, 215mg of cholesterol in one large whole egg, 5 grams of fat, and 6 grams of protein. Almost all of the fat is in the yolk, and not quite half the protein as well. yolks should be used in moderation, according to your daily calorie needs, while whites are a good source to add some additional protein to various foods and meals.
it is also important to note that the emulsifying power of the egg comes primarily from the fat in the yolk, so if you are going to try and substitute egg whites for yolks in certain recipes, expect a certain amount of disaster, lol.
props to people who pointed out some of what i said already, just figured it easier to post a summary of what i know than to try and weed out what has and hasnt been said already, lol