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In order to get the most out of a Capella degree program, you really need to enjoy researching on the internet. The biggest academic benefit of Capella University was the access to many online libraries with full articles. I never really needed to leave my house to do a paper, but I did use more persistence than some of my classmates. I called the library several times for assistance and they were always pleasant and helpful.
The main drawback I experienced with Capella had to do with only a few classes. Due to the high level of student interaction, any class where the professor was hard to reach began to feel like mutual student teaching. While I enjoyed learning from other students in the context of a class led by an active instructor, I started to resent that feeling when the instructor participated minimally or was hard to get in touch with. Unlike my undergraduate degree, I couldn't just pound on his or her door during office hours. As such, I had to read ahead and anticipate problems with assignments in those classes.