It seems that he is addressing those that are already Pastors and not those who are considering the pastoral field. I agree and disagree with him.
I think pastors should 'go off to seminary.' This allows them to focus on the work at hand. Being a Pastor is busy and is not just a 9-5 job. Seminary would provide the proper environment for learning and fellowship for the further study of God's word.
I disagree with him where those not already pastor's are concerned. I believe part of the role of the local church is to prepare ministers. Internet seminary would be very useful for this. Men who wish to receive ministerial training could do so through the auspices of their local church. The local church could set up class schedules and help provide the seminary materials. The individuals do the work and it is turned in collectively by the church to the seminary. This allows for men who due to other obligations do not have the freedom to go off to seminary, to stay at home and under their local church receive quality training. Of course I may disagree with him simply because I am setting up a program like this at my church.
Just my