Selecting or upgrading a university's Learning Management System (LMS) involves complex decisions concerning curriculum delivery, students, financial commitments, technology and support services, and faculty. The purpose of this paper is to study faculty concerns, usage and perceptions of the instructional value of online course management tools. During an LMS selection process, a faculty survey was prepared and disseminated to all full-time, part-time and adjunct faculty of a university. This survey was designed and customized for (1) faculty who have never taught an online course, (2) faculty who were novice in using online courses, and (3) faculty who had some expertise in designing online courses. Data concerning faculty discipline, level of teaching experience, academic rank, and preferences for learning management systems was also captured. An analysis of data collected, preliminary conclusions, and recommendations are presented.