Guest lectures are a valuable resource in higher education. However, shrinking budgets make it difficult to bring in experts from remote areas of the globe. Videoconferencing, Michael Luck and Gerard Laurence believe, may be a cost-effective way to bring experts to the classroom. Luck and Laurence describe their 2003 study that formally evaluated the educational benefits of videoconferencing. They also developed, along with their research partner Smart Technologies, two technology solutions to help instructors manage a videoconference event and share presentation materials more easily. While they identify some technical glitches, they conclude that videoconferencing provides an excellent, cost-effective learning opportunity that benefits students, instructors, and their institutions. (Contains 3 tables, 3 exhibits and 7 figures.)