I live in Atlanta and work with a bunch of Tech grads. Tech is one of the most prestigious engineering universities in the southeast (if not the most), and its degrees are tremendously valuable.

AFAIK, this is Georgia Tech's second online masters degree course, which demonstrates that the university now stands behind their online degree program. One of my coworkers is currently enrolled in their other online masters program, and he speaks highly of it.

If this is anything like their first online masters program, there is no distinction between the online and on-campus diploma. The degree is a full-fledged Georgia Tech degree. This is what makes it so attractive--employers and other educational institutes won't know you didn't physically attend the campus.

I'd be happy to get more of my coworker's opinion on the program if you like. I'm interested in it myself...