We are currently exploring using Virtual Worlds such as Second Life for Real Life Education:

Here are some links for you to explore as well:

Second Life:  Education Page

Second Life's description of educational options and possibilities in the Second Life world

Second Life: The Educational Possibilities of a Massively Multiplayer Virtual World (MMVW)

Technical developments in MMVWs continue to advance dramatically. In this session, we will tour Second Life, a MMVW created by each user and simultaneously played by hundreds of people around the world. As we demonstrate educational possibilities, we will also introduce a vision mechanism for incorporating MMVWs into teaching and learning strategies.