Desire2Learn - eLearning Suite
After a little poking around it seems that Desire2Learn Learning Environment is the packaged deal for LMS.
The features include discussion boards, quizzes, grades drop boxes, blogs, and import/export IMS compliant packages. D2L breaks down the features from a student perspective, instructor perspective, and administrator perspective. I will post more about each of those later.
The language that they use in describing their product and features leads me to believe their learning model is learner centric which fits with current trends in web usage and pedagogy.