An interesting piece examing the potential switch to Moodle of a New Zealand IT lecturer. It's a fairly nuanced piece, so I'd suggest reading it all as a skim read may leave you with the wrong impression:
Let's Get Ready to Moodle
The growth of elearning has been described as explosive, unprecedented, and above all, disruptive. The e-learning movement is gaining momentum and for teachers of Information Technology and Management pressure to get courses online is increasing. The majority of early e-learning adopters in New Zealand decided to adopt mature learning management systems (LMS) like Blackboard and WebCT. More recently a number of tertiary institutions have been looking to the open source community to provide a less expensive and hopefully equally functional e-learning support system. Internationally, and particularly within New Zealand, there are a growing number of institutions looking towards Moodle, an open source LMS built using PHP and MySQL.
This paper investigates Moodle from the viewpoint of an IT lecturer who has published courses on Blackboard for several years and who is facing the distinct possibility of having to migrate to Moodle in the near future. The paper compares the functionality of the two systems and examines issues such as materials migration, assessment, collaboration tools and activity reporting.