No mention of the importance of libraries here, but the Online Education Database has just released OEDb's Online College Rankings 2008.
For each college, we gathered data for eight different metrics — acceptance rate, financial aid, graduation rate, peer Web citations, retention rate, scholarly citations, student-faculty ratio, and years accredited.Pleased to see the institution where I cut my Distance Ed teeth, Nova Southeastern University, ranked at #4. Wow, look at the number of Peer Web Citations they got - I'm guessing that raised them quite a bit!