I have been studying full-time for a year - an MA in a traditional university with lectures, book lists and online completing eight MOOCs and even trying to start a module with the OU - I gave up on L120 due to some intractable technical hitches with audio and video.
My goal hasn't been to gain yet further qualifications in subjects I love, but to experience first hand the variety of approaches to learning that exist. Back to the classroom and online. The MOOCs I have done on FutureLearn are highly 'transactional' - I believe the way huge threaded discussions are managed and can be managed successfully recreates what some consider to be the Holy Grail of learning in HE, the 'Oxbridge tutorial' where a subject expert sits one to one or at most one to three to discuss a topic, set each other straight, and then return every week, or twice a week to do the same. Experience and research shows that even in a MOOC with 25,000 starters, in a threaded discussion that has 3000 posts, that groups of learners form: typically a mix of experts, keen learners with some knowledge and complete beginners. These groups can last the duration of a two month course and spill out into other platforms and meeting up face to face.
Transition education. Not a revolution, just building on the best of what has gone before and gradually taking others along with it.
I like that after 700 years of keeping the approach to themselves that the 'Oxbridge Tutorial' as a way to learn is, online at least, open to anyone.