That's true, it may have to be limited to 10-20 simultaneous logins at a time (or whatever the machine can reasonably handle), but that is still better than 0. Considering my university has a relatively small student body, this would be definitely be a sufficient solution for us.
Anything has to be better than Microsoft's "Call Our Account Manager To Have Them Explain Appropriate Volume Licensing - Oh You Bought Something Slightly Weird Let Us Pass You Through To The Next Guy Up Who Might Still Fob You Off" licensing methods.