ive found my own lecturers to be pretty good at putting everything online and everythings recorded (at usyd)
i think the argument against could be that it reduces the uni culture if people dont actually go very often. but the best way to counter that is compulsory tutes or handing in things during tutes with lectures on those days to maximise hours attended
also having ample study space, i think usyds been a bit lacking there last couple of years; gets pretty full last couple of weeks of sem. during exams its usually fine because tute rooms are open. but with the new business building there should be tonnes of extra space, 2-3 learning hubs and hundreds of chairs/tables as well as booths and couches