In Assessing Coursera, the LMS | Bloviate, Baruch College’s Luke Waltzer writes that

The most troubling aspect of the MOOC hype has been how quickly this approach to teaching and learning with technology has been seen by a variety of constituencies as a tool/excuse for slashing public funding for higher education, for “doing more with less,” and (in the spirit of capital accumulation) for proclaiming that only the elite universities can lead us through contemporary communicative changes […]The second most troubling aspect of the hype is how poorly informed by the scholarship of teaching and learning so much of what’s happening in the xMOOCeshpere has been.

So, not a ringing endorsement. What do you think about MOOCS?