If Hoade and I had access to this film school (1-Day $99 Film School!) [1] (link via news from me [2]—and yes, I'm still reading his blog [3]) then we might have actually made a film! [4].
It doesn't sound like a bad deal actually, and if (and that's a big “if”) I lived in southern California, I might actually do it just for the novelty of it all.
[1] http://www.1dayfilmschool.com/
[2] http://www.newsfromme.com/archives/2007_05_08.html#013421