MBA is not just about the courses, it is also to develop the personality and also develop contacts. Unless you really have a face to face contact it's really hard to achieve either of them.
Don't compare a techie to a sales person or an executive!!
About your risk analysis, please do some research before you post such a pedestrian thought.
About the people who created the bubble, THEY definitely made money, it's the poor main street person who left holding the bag, thanks to the attitude of de-reuglation and free market practice.
I firmly believe, that for an MBA to be successful, you really need to have a one-to-one interaction in the classroom. VERY few top schools offer online or for that matter even part-time MBA.
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