That actually sounds exactly like what I would like to try and do. The built in communication and sharing tools will allow a more flexible environment than a static website, but without some of the fuller features of a true VLE platform.
The thing I am trying to work out at the moment is which tools within SharePoint are actually useful, and which are just distractions. I also need to spend some time playing with the Sites aspect to work out what the best way to structure the content is, and any suggestions and tips from your experience would be super helpful!
It seems like the sites platform is quite flexible, but I can't work out how I should be separating the content. When should I be creating a new section within a site, when should I be creating a whole new sub-site, and should I be looking at running parallel sites which are not in a hierarchy at all?
At the moment my thoughts are to use the team site as a central corridor, with each faculty having a sub-site underneath it, potentially then breaking those down further into course sites were appropriate.
I also don't know how easy it is to set up selective content for different users, or how to direct users to specific places quickly and easily. I don't particularly want all students to have access to all content because that could be a little overwhelming, so what would be an effective way of restricting the visible content on a per user basis?