I was able to get to some of this yesterday: 
OER University
http://www.ustream.tv/channel/oeru   - the sessions broadcast. It's a call for "open curriculum, open student support, open assessment and open granting of credits" 
The agenda:
http://wikieducator.org/OER_for_Assessment_and_Credit_for_Students/Meeting_Agenda_-_23_Feb_2011
The "logic model":
http://wikieducator.org/OER_for_Assessment_and_Credit_for_Students/Project_plan
A list of some opportunities and threats:
http://wikieducator.org/OER_for_Assessment_and_Credit_for_Students/Opportunities_and_threats
Some  discussions  happening on the forum at
http://scope.bccampus.ca/mod/forum/view.php?id=8738
I got to hear Dr Jim Taylor (University of Southern Queensland http://www.usq.edu.au/users/taylorj/  )   
Main thoughts: Whatever else we think about the way education should be delivered, we can't possible build enough bricks/n/mortar schools to provide education to everyone who needs it.  There are simply too many people.  We have to find a way to educate at little to no cost.  Developing an OER University model is necessary.
Dr Taylor's talk here:  http://www.ustream.tv/recorded/12873383
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