Georgia Tech already has a distance learning MS in CSE, but not a general MS CS. And I believe the cost is rather higher than this.

http://www.cseprograms.gatech.edu/distancelearning

Now you can go to local places that proctor the test. A few co-workers are doing this now from Minneapolis, going to a community college to take the tests.

Also, it costs about $7k a year assuming you are taking one class a semester for 4.5 years.