The document discusses myths around rapid e-learning, noting that it is believed to require expertise, expensive programs, and only be useful in some fields. However, rapid e-learning is then explained to be the opposite - it is low-cost, easy to use, and time efficient. iSpring is presented as an e-learning software tool that can be used for rapid e-learning by converting PowerPoints into flash files with embedded resources like videos, enabling engaging online content creation with little time or expertise required.