Electronic portfolios (also referred to as eportfolios or webfolios) are gaining recognition as a valuable tool for learners, instructors, and academic organizations. Bold proclamations laud webfolios as “higher education’s new “got to have it” tool – the show-and-tell platform of the millennium” (Cohen and Hibbitts, 2004), and as a tool that “may have the most significant effect on education since the introduction of formal schooling” (Love, McKean, and Gathercoal, 2004). Laying aside new-technology hype and enthusiasm, eportfolios can best be viewed as a reactionary response to fundamental shifts in learning, teaching, technology, and learner needs in a climate where learning is no longer perceived as confined to formal education.