The real issue is that LMS vendors are attempting to position their tools as the center-point for elearning – removing control from the system’s end-users: instructors and learners. Unfortunately, beginning learning with an LMS is often a matter of wrong tool for wrong purposes (which results in failed elearning implementations, ineffective learning, and unnecessary expenses). Implementing an LMS as part of a holistic learning environment gives the end user flexibility and control to move in various paths (driven by learning needs, not by LMS design).
Learning software vendors still doggedly pursue their vision of reusable learning objects that integrate via a central standards-conformant LMS. Meanwhile, trainers who really want to encourage experience-sharing and dynamic learner-created content are scrambling to understand blogging, RSS, and peer-to-peer networks.
Much the same thing I remember from the “early days” of the KM craze, when it was all about software this, technology that – technology for technology’s sake. Technology for its own sake is meaningless. It is how people can use the technology to connect to others that makes them valuable.