Can E - Learning Replace Classroom Learning?

Online Learning or e - learning clinched a business of $50 billion with some 3.5 million students benefiting from it in 2006 and the figures are only leaping. A report by Ambient Insight Research
suggests that in 2009, 44 per cent of post-secondary students in the USA were taking some or all of their courses online, and projected that this figure would rise to 81 per cent by 2014.  In a couple of decades, it is touted to touch a trillion dollars, when third world countries are expected to wipe out rural illiteracies though online education, and with a laptop costing just Rs. 1500 in India it’s no longer a dream. The Letter "e" in e-learning does not stand for just electronic in today's context. As the learned author Luskin puts it, it is interpreted to mean exciting, energetic, enthusiastic, extended, excellent, and educational in addition to "electronic".
But the popularity of e-learning has raised many questions regarding the relevance of traditional classroom teaching in the new world and whether teachers teaching in schools and colleges are gradually becoming dispensable. What about the existence of the text books? Can e-learning companies take over the publishing companies? Does that mean our classrooms are going to turn obsolete? What is your opinion?Join in for the opinion poll on new blog about commerce education @ http://bit.ly/9IaGSN