How do you feel about distance learning using an LMS (or CMS) such as Blackboard?

At this university, you have likely formed your own opinions regarding the advantages and disadvantages of distance learning. How do you feel about distance learning using an LMS (or CMS) such as Blackboard? What are the three biggest advantages and the three biggest disadvantages to learning via distance learning methods? Identify one organization that actually uses Distance Learning in its training/development program using the Wall Street Journal source provided by this university.