I think we can get overzealous in our analysis of what is wrong with lectures. Like all methods of teaching they encompass a wide range of possibilities, from the exciting but not interactive through the simply tedious to the exciting and interactive. They have their uses and I have been inspired by some lectures when at university and angry at the insult to my patience and intelligence from others. We don't need to abolish lectures - we need fewer and better. Students can't be interactive all day long, it would be exhausting - we need a variety of approaches which balance interactivity, activity, listening, talking, thinking, reflecting etc.
Lectures have a part to play in providing such variety.
I agree with a lot that Martin Owen says about technology, but again this is an argument that can be overplayed. There is a lot to be said about local customisation, there is a lot to be said for regional collaboration in developing resources, there is a lot to be said about providing some core materials on a national and even international basis. We need a balance. In fact this is precisely what happens with print-based materials. I speak as someone who provides such a team of experts, but who also encourages teachers to do it themselves when appropriate.