God lord, there are so many ignorant/unsupported statements in this thread. I don't know where to begin.
I dont know anything about this particular master's program, but I do know that UF is not "a joke." Not at the undergrad, graduate, doctoral or professional doctoral level. I have several BSpharm friends doing their PharmD through the distance pathway and it's pretty darn rigorous. To dismiss an entire university as epitomizing what's wrong with our education system is silly and frankly, unsupportable in this context.
As far as Tope's post - not all residencies are hospital based and even many hospital based residencies have MTM components. Of the five residencies I applyed for, 4 of the 5 included MTM. I ended up choosing one that is 80% NOT hospital based. MTM is the largest component of the longitudinal rotations.
Someone suggested a residency in managed care... I don't think that's necessarily interchangeable with this master's program. Some managed care residencies include MTM and some don't. Maybe you meant a residency in Amb Care? I think that's a closer match for someone who wants to do MTM and work directly with patients.
Finally, validated research HAS been done on distance learning. It's ongoing. I was involved in a long term project during my master's degree and that was 10 years ago. It's not as if distance learning is some new animal that has sprung up in the last few years. It's been around in various forms for decades.
I'm also not sure of the utility of this master's program, and I wouldn't recommend it to a new grad as a way to guarantee a job in an otherwise tight market. I do think that for an established practitioner looking to expand their skill set or perhaps qualify for a performance incentive at work, it might be a valid credential to obtain.