Coursekit, a student-founded startup that hopes to replace outdated course management systems like Blackboard, launched today with $1 million in the bank. This is definitely one to watch out for.

The three founders, Joseph Cohen, Dan Getelman, and Jim Grandpre, recently dropped out of Penn to get the software ready for launch, and it looks like it was time well spent. Gone are the draconian and impersonal menus we’ve come to expect from Blackboard or Moodle, replaced by a flowing, Facebookesque conversation between students and teachers.

More than anything else, CourseKit seems to have the potential to extend learning outside the classroom in ways we haven’t seen. With typical course management techiques, questions sent to a professor via email don’t benefit the rest of the class, and links posted in traditional course forums typically go unseen. By putting the spotlight on public sharing and dialogue, Coursekit could actually be the tool students and professors need to take course management into the 21st century. Check out this sample course page to get an idea of what the system is capable of.

3o schools ran CourseKit pilot programs this Fall, and they have a few great case studies online to check out. Do these guys a favor and bug your professors/IT staffers to check it out in time for next semester.

So what do you think? Does CourseKit look like our long-awaited Blackboard killer?