WOW! This has real potential. If you can get your students into Facebook (and access it from school), this could be a real challenger to Ning and other online social networking apps focused on learners.
Don’t get me wrong, this is not an LMS. This is an online social networking service that works on top of Facebook and provides functions that teachers might find useful. However, with the increased availability of widgets and the ability to embed them in Teach the People provide for an environment that could be just about anything you want it to be.
I’ve only set up a site, I haven’t tested it yet. We’ll see if the performance lives up to my first impression.