I think this is an amazing idea...
CK12, a non-profit organization launched in 2006, aims to reduce the
cost of textbook materials for the K-12 market both in the US and
worldwide. Using an open-source, collaborative, and web-based
compilation model that can be manifested as an adaptive textbook -
termed the "FlexBook", CK12 intends to pioneer the generation and
distribution of high quality educational web texts. The content
generated by CK12 will serve as both source material for a student's
learning and also, provide an adaptive environment that scaffolds the
learner's journey as he or she masters a standards-based body of
knowledge.
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More info here and here
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