With something over 300 semester hours of college credits to my credit (or shame), I believe I must agree with you, at least somewhat. There ARE lecturers it's worth listening to, even today, though. Of course, we have recordings of many of those folks, now, too. ;) Google the Khan Academy, for a great example of lecture-on-demand. Especially if you have HS teenagers.
Oh, and I just LOVE your tagline!
Old Student
Well, some of us would not be comfortable going to a medical doctor with a degree from a correspondence school.
Or a lawyer who knew law by reading all the required texts from Harvard Law but who never actually went there.