"Having taken far more than my fair share of classes, my experience is that, aside from project heavy courses, only upper level grad classes are really something you couldn't replace with a mass-audience, online course." I wholeheartedly agree.
Sure, they have the right to protest and ban online courses...but let's be realistic, this is in no way protective of students. This is 100% a "save our own ass" initiative. Call it what it is. Anyone that remembers their first two/three years of college can attest to the utter nonsense that is classroom lecturing.