The document is a presentation from the 2012 NERCOMP LMS Unconference by Michael Feldstein. It discusses various topics related to learning management systems (LMS), including how much of an LMS is needed, whether service matters more than features, what kinds of openness are important, who pays for LMS and how, how gradebooks work, who owns content, the role of mobile and touch interfaces, games and gamification, analytics, whether subject matter impacts LMS choice, finding the right metaphor, and seeking answers on LMS topics. The presentation covers many questions and issues about selecting and using LMS platforms.