A published summary of OERu suggests that rather than infusing open content into traditional universities, OERu seeks to create a
Parallel learning universe based solely on OER for learners excluded from the system to augment and add value to the formal education sector. These learners may choose to enroll at formal education institutions in the traditional way or participate in free learning provided through the OERu network. Assessment and credential services will be provided by participating institutions on a cost-recovery basis or may be funded through scholarships or grants from the respective Ministries of Education. “
The OERu is the means by which “Education at all levels can be more accessible, more affordable and more efficient.”
The 13 member universities in including Empire State (SUNY). Work is conducted on wikieducator, an open education wiki community. They’ve been at this for a year. Here’s a 20 page description of OERu.