This study identified and compared the online learning experiences of faculty and students in 2006 and compared results with those found in 2000. Data were collected from faculty and students participating in online learning courses at AACSB accredited business colleges in the United States. The findings indicate that (a) although faculty and students in both 2000 and 2006 reported satisfaction with the online learning experience, students in 2006 reported significantly higher satisfaction levels than did faculty for online administrative support (b) while faculty and students in both 2000 and 2006 reported few serious concerns with online learning courses, there were differences relating to the concerns noted in 2000, and (c) although faculty and students in 2000 and 2006 agreed that two important motivating factors for enrolling in online learning courses were flexibility and increased learning opportunities. There were several directional changes between faculty and students perceptions of motivational factors in 2006 when compared to 2000. (Contains 5 tables.)