Only Connect!
Now as long as you don't opt for the Portal version, Sharepoint is bundled with Windows Server at no additional cost and is not a big jump to get into if you are already running Windows as your server OS. But full blown course management systems are a different matter altogether. Are we going to make this capability available to our staff? Absolutely! But are we going to host it directly? Not sure.
So today, I am at a meeting for a working group convened by our state educational Internet provider on whether our Internet cooperative should be looking to host a CMS for the membership. To me, this offers tremendous economies of scale and the opportunity to pool expertise and ideas for innovation. Do I want to host a CMS like Moodle on my own, or are we better served by a cooperative model? I'm thinking the latter, but we'll see where the discussion heads today.