Online MBA: Getting Closer & Questions about Uni. of Liverpool and MBA/Income

All:

Thanks for y'all's help re: the above. AORN, I have my
list of UK-based online MBAs reduced to the following:

1. EBS/Heriot Watt
2. Uni. of London - Royal Holloway and/or Imperical College
3. Henley
4. Uni. of Liverpool

From what I can gather, they're all rather good, with the first
three certainly having the most cachet. However, Liverpool's
program is very appealing due to its greater flexibility and
with my current work schedule and family commitments, this
is key. Furthermore, the first three programs use closed
book exam-based assessments at the end of every course
and I'm not yet sure where their US-based testing locations
are located [though probably not in Dallas where I live] . In
short, studying/revising for exams every six weeks and the
logistics of traveling to, say, NYC, LA, Chicago, etc. to take
them, could be just that bit too much when I look at the other
factors in my life. I dunno', maybe I'm getting cold feet, but that
sort of pace within a three year period maybe out of my reach.

So, Liverpool, which seems to offer more flexibility if not the
cachet. Anyone on the boards currently attending? Any
comments and feedback? How do they assess and when?
Any issues with its reputation when compared with other unis?
Quality of instruction, professors, etc.? Relevancy of courses?
And so on. If you're at Liverpoooool drop a note and let me
know the score.

Finally, I posted last week about financing information and as
I was wondering whether loans are needs-based, I revealed
to the board that my current salary is $125K+. In response,
a few folk hinted that with this salary, why bother with an MBA
as I'm already at an income-level which is what MBA-candidates
shoot for prior to going to school [someone also sniped that
I didn't need a loan and should just write a check. I wish that
were true]. In short - apart from the need to improve one's
skills, learn more, etc. - from a purely financial perspective, if I'm
at a salary level which is not atypical for a post-MBA individual,
why bother pursuing an MBA?

Thanks, as always, for your help.

Cheers,
Parkesy