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My main interest in Second Life is for its educational possibilities but up until yesterday I had only read and imagined what this might be like. Yesterday I was lucky enough to be allowed to observe a class in English Village. The class was based on preparation and prompts provided at the accompanying blog. And there will be correction follow up on the text chat histories generated by the activity (for those students who wish).
The lesson was an experiment in team teaching which I gather they had not tried out before. This probably made the pace a little slower as everybody had to be organised but the activity itself was viable only with several 'teachers' for the students to interact with.