Asynchronous Vs Synchronous Learning- A "First World" Option

My breakdown of this “First World” option of E-Learning:

Benefits:

• Saves space. Many schools and classrooms are over impacted. With Elearning or Online Learning, more people can take advantage of education and not be limited by space issues or constraints. 
• Students can participate in the class in the comfort of their chosen surroundings, i.e. library, coffee shop, home in pajamas, etc.
• Students can take a class or a whole program from a school that is located anywhere in the nation. This opens wide a wealth of opportunity and choices.
• The learning materials for the class are often of a technology nature, saving money on physical books, and using resources that can be reviewed over and over unlike a one time given lecture.
• In an Asynchronous class students can move at their own pace.

Draw Backs:

• Asynchronous learning can lend itself too easily to procrastination and therefore stress induced learning for those that are not as personally motivated or who are already extremely busy.
• With Synchronous Learning everyone sees your immediate work (when you type) which does not give you an opportunity to make corrections, i.e. spelling or grammar.  There is also little or no time to process information because an immediate response is expected.
• There is little to no interaction with other class members and never personal relationship building with classmates or the professor.
• Discussions online take much longer than communicating face to face, therefore professors and students are not able to cover nearly as much content in the same amount of time online as you can face to face.  In fact Ned Kock who wrote ‘Media Richness or Media Naturalness? The Evolution of Our Biological Communication Apparatus And It’s Influence On Our Behavior Toward E-Communication Tools’ estimates that “an exchange of 600 words requires about 6  minutes for complex group tasks in face-to-face settings, while exchanging the same number of words over email or chat would take approximately one hour.” 

I suppose I am “old school” as I still would much prefer the face-to-face version of learning, mostly for the personal interaction and real time instruction and assistance. But after review of a few articles reporting the benefits and the concerns of Asynchronous and Synchronous learning, I definitely see the wisdom in finding a “blended” format.  That sounds like a copout perhaps but, while I truly find both options intriguing and somewhat beneficial, I know I need the discipline of having to submit work by deadlines but I also like the idea of working at my own pace to take in the content.