Another Challenger to Blackboard?

Three University of Pennsylvania students who dropped out the college to start course-management system unveiled yesterday their software, called Coursekit.

According to Chronicle of Higher Education, "Coursekit offers a platform for hosting discussions, posting grades and syllabi, sharing calendars and links, and creating student profiles." "Thirty universities tested Coursekit this fall, including Stanford and the University of Pennsylvania."

Is CourseKit going to be another challenger to Blackboard? Only time can tell.