This concept was pretty
cool back when it was first
introduced, because schools actually
cared about how
wired people viewed them to be.
Nowadays, though, the schools that opt out, like mrichich mentioned, are just as well-known to be heavily technology-influenced. Besides, aside from the random liberal arts school back in the woods trying to hide from the real world, just about all decent universities are well-wired now.
I would just guess it's outlived its usefulness. Too bad, it was a pretty cool idea, but at the same time, it's a Good Thing(tm) that high-tech is such a given in higher education these days.