@boomerang,
I think one consideration that arises in this discussion regards if whether the Internet is replacing libraries. Today, students can access information instantly on the World Wide Web and hence feel less compulsion to look up information and material in actual textbooks and books tediously shelved in libraries.
Wikipedia, for example, is a high-quality free peer-edited global online encyclopedia that offers rich and detailed entries on subjects as varied as the Civil War and graffiti art. Wikipedia enables students to find information more quickly and efficiently than they would at a library of books.
In my opinion, while Wikipedia is a great speed-oriented resource, it does not entirely substitute for the labor satisfaction gained from holding and reading a vintage authentic copy of Mary Shelley's "Frankenstein" (1818) in your curious hands.
That said, maybe there is a balance that can be struck. Technology is a teaching tool, but it should not be used so widely so as to substitute for the sensitive enrichment gained from personal contact and hands-on enrichment.