Is there any information about how the class will work? The non-virtual version of this class is heavily team based, and people are expected to go and find customers and actually talk to them(!). The workload is also quite heavy - I believe around 20 hours per week. How will the team part work for the online class? Edit: also, on the off chance anyone is thinking about teams already, I'd be interested in talking.
I took an entrepreneurial class that sounds like this at Georgia Tech, run by Merrick Furst (who has now started up the an incubator of sorts => http://flashpoint.gatech.edu). The course was team based, go out and iterate. Every time to class you found out what you did wrong over the past week so you'd go and redo part of it.
I suspect this course is going to be rather similar, but different perspectives are always good.