"I must have blinked when this was announced, but OpenAcademic.org sounds like a perfect scenario. Development efforts to integrate some of the biggest open source tools used in online education. It sounds like the goal is to come up with a way for Drupal, Elgg, Mediawiki, and Moodle to all play nicely together, in such a way as to be easily deployable and maintainable by even the smallest school. Rather than attempting to build The One True LMS, they're taking the approach of playing to the strengths of the available tools, and putting the effort into integration."

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