This document summarizes the results of a survey about myths and misconceptions regarding the time required to develop and teach online courses compared to face-to-face courses. The survey found that developing an online course for the first time takes more time than a face-to-face course, but that the time difference decreases with subsequent online course offerings as instructors gain experience. While certain aspects like content development take more time for online courses initially, the time required to work through both the technological and pedagogical learning curves for online teaching is relatively short. More data is needed to further analyze factors affecting time requirements.