I didn't take a course on compiler construction, and now I don't remember if my university's CS department had one (it was a fairly mediocre CS department at a state university). Now I wish I had.

Do you think a good compiler course would prepare the student to do a project with the scope and complexity of Wasabi? For one project, I wrote an interpreter for a little domain-specific language, then later reworked that interpreter into an on-the-fly compiler (to Lua, to avoid double interpretation). But that's a long way from writing a compiler for a general-purpose language, that can do global type inference and produce human-readable output in a target language that's fairly different from the original VBScript (if not Wasabi itself).