And probably a lot easier in the modern day as more and more people get access to the web. I'm very interested in web learning and am trying to put something together for it too.
Already there are tons of lectures online in flash video format. It's amazing the stuff you can learn about but to actually make lesson material and tests work in an online environment is far from simple (cheating for instance!).
We'll see how it goes.
The subject of the discussion was basically a complete virtual education from grade school level all the way up to university level. Interactive lectures, web based self-study units the works.
We realized that this is a very complex undertaking and that it would require fairly massive funds to be executed properly as well as an enormous amount of expertise.
I just thought I would share, maybe someone here will like it or find it useful.