it's still built around TV broadcasts which is kinda stupid nowadays
Not really, for a number of reasons. One of which is that the OU's target audience includes people who might not be able to afford a multimedia PC. Another of which is that a broadcast creates a shared experience in time - the class can all be kept "on the same page". Dealing with a class who're all over the course would make it much more expensive.
Yes really, also for a number of reasons...but I have to eat my words here.
I haven't lived in the UK for a while, so when I searched to find out what was up with the OU, I went to http://www.open2.net/ which is specifically for OU-on-TV resources. I should have one to http://www.open.ac.uk/ which is the real OU site, and where there are multiple study paths and resources, of which the TV broadcast lectures are only one option among many.
Sorry :-/
What I should have said
Non-UK HN readers should check out the Open University - this is the best landing page: http://www3.open.ac.uk/study
You can get an accredited degree or pursue post-graduate studies, and while an OU degree is not as desirable as one from a top-end institution, it is still respected - not least because of the student dedication required. The OU does have absolutely outstanding course materials.
Student fees vary, though they're still a bit pricey - roughly $15,000 for an undergraduate degree if you live outside the UK, about half that if in. You need to be in Europe in order to take exams at least once a year.
Not really, for a number of reasons. One of which is that the OU's target audience includes people who might not be able to afford a multimedia PC. Another of which is that a broadcast creates a shared experience in time - the class can all be kept "on the same page". Dealing with a class who're all over the course would make it much more expensive.