interesting idea http://www.nytimes.com/2013/08/18/education/masters-degree-is-new-frontier-of-study-online.html?hp&_r=0
We've had a number of threads on this: http://www.degreeinfo.com/computer-related-degrees/45872-udacity-will-offer-masters-degrees-cs-georgia-tech.html Udacity Online Masters Degree in Computer Science Under $7,000 http://www.degreeinfo.com/computer-related-degrees/46588-7k-georgia-tech-masters-cs.html
I hear you, Tekman, but that won't happen. Doctoral programs require individual supervision, something that by definition you can't supply through a MOOC.