We used to do two days classroom before every six month sim check, this was reduced to one day, then nothing.
In it's place we were given access to an online CBT course which focused on the particular phase in question, six phases, every six months covering the whole syllabus over three years. The CBT was produced by a 'well known' Canadian company which specialises in this kind of thing.
Pros:
Standard content delivery.
Saves a lot of Pilot Man Hours=Money
Standard measurable testing for the authorities.
Cons:
No interface with an experienced technical instructor which frequently delivered very interesting exchanges with other pilots as to the issues they faced on line.
Very Boring - it seems that CBT producers recruit individuals who excel in very flat delivery.
Resentment from some of the pilot group because the study has to be done in their own time, leading to low 'absorption' - it's amazing how one can amuse oneself with experimental ploys to fool the CBT course into thinking you have looked at every page and listened to the text being painfully read out like a funeral oration.
Ours is 'Flash' based, possibly the most memory hungry app in the book (IMHO) - doesn't work on Macs

The actual learning value is very low, I find typically only two or three "Oh Wow" thoughts during an online CBT, while a good tech instructor keeps the "Oh Wow' factor much higher.
The company recognised that a good tech instructor session was important and reinstated a half day session during the Safety Day, it's still not enough though and hardly scratches the surface.