The massive, simultaneous redesign of all degrees in European Higher Education Area presents daunting challenges but also offers unprecedented opportunities. All degrees must be simultaneously redesigned; synergies among them can be effectively exploited, thus encouraging the re-utilization oriented approaches discussed in this paper (LCMS, standards like LOM, Dublin Corem QTI, IMS, SCORM, etc.). On the other hand, shifting the unit of academic measurement to student hours (through the ECTS) facilitates the seamless combination of face-to-face, distance and blended learning in academic degrees.