Peer to Peer University

After reading the blog posted by Zaid Ali Alsagoff, I went on searching more information on the net.

The Origin of P2PU?

5 academicians from around the world plan to open a new kind of online university built upon professor star power and students learning from one another through online social tools. The teachers are basically volunteers and the courses will cost next to nothing, and no official credit is given.
P2P University (for peer-to-peer) is started with the hope to fill what they see as a gap in online-education efforts by traditional colleges, which often focus more on delivering full degree programs online than on one-off courses. (Just like us) The project is running on a shoestring, with the organizers paying the initial Web-hosting fees and volunteering their own time, though they may seek grant support in the future.

I also came across that they actually faced failured initially such as the resistance faced from traditional colleges that won't like employees trading on their names and reputations.
But its leaders point to successful models like Wikipedia, the online encyclopedia that anyone can edit. They also say that the timing is right, now that the Massachusetts Institute of Technology and other major universities have established an audience for free online course materials. What the new university is adding is expert teaching. The effort somehow grows out of theoretical discussions at open-education conferences over the past two years. But in the past few months the five colleagues, who work at different universities, decided to flesh out their plan and put it into action.

Each student has to set up a profile on the university's Web site, much like on Facebook and Friendster, where they can show which courses they have taken or taught and communicate with other students.

I seriously think that we are moving very fast in today's world of education. I am not sure whether the P2PU can be implemented in Malaysia. As we know, Malaysia is still driving in second gear in education!