Universities and the "Virtual Future"

There is an interesting article on Cnet about the future of universities. I especially liked this quote from Charles Reed, the CSU chancellor, when talking about face-to-face versus the virtual world:

"It's not an either-or thing. We need the 'high touch,' but we need the high tech at the same time."

I think that is the right approach. Pure distance education is not for everyone, but a combination of face-to-face time augmented by a compelling, interactive virtual experience could be for just about everyone. The article also mentions some exciting developments in integrating virtual worlds like Second Life with course management systems.