One of the useful aspects of the Gloucestershire College VLE is the ability to store a series of bookmarked web links on a course.
These links can be accessed from any computer which is something that Internet Explorer fails to do as it is restricted to one computer.
Also these links can be accessed by your students at a time and place convenient to them (whether that be at home, in college, or at work). Rather than type them out they can click and there the page is there for them either within the campus or in a new window.
You could always use a social bookmarking site such as del.icio.us, but one of the advantages of using the VLE is that it can track who has clicked the links.