"That will be the real key: how many universities will license away the remedial/introductory courses, and how many students will complete the courses (as well as pay for those for credit).
My opinion on this is mixed. While I don't see MOOC's "democratizing higher education" (which I think is a euphemism for "watering down content," see below), I do believe their value as a continuing education conduit cannot be overstated. They offer individuals a chance to brush up on certain skills, learn a new skill set, or simply explore a subject they were always interested in but never got to when they were younger. They offer companies a relatively cheap way to re-train workers and improve the skill set of their employees."
Via Peter B. Sloep, Catherine El-Bez, Devrim Ozdemir, Ph. D.