[Homunculiheaded]

But online courses actually give you more options as far as personalizing education. At most universities, unless they're very large or very specialized, you're likely to have one professor from a specific subject in a field. With online lectures, even from a reasonably small number of sources you can mix and match. Two personal examples I can think of is supplementing my algorithms class with MIT's algorithms class on OCW, and watching Tom Mitchell's lecture on kernel functions to add depth to the topic as covered in Ng's Ml-class.

Even at great universities there are professors who are better researchers than teaches that still may be a students only option. If you took the top 10, or even 5 teachers on a given subject you could give students the freedom to mix and match as suited their learning style.

Personally I actually find the lectures a poor substitute for a text. I find the Probabilistic Graphical Models textbook a great addition to the pgm class on coursera. Even though the lectures for pgm-class are long and detail, there's still only so much information you can get into a few hours. The information density of a textbook is hard to beat.