Thanks for the responses. I feel a lot of pressure to make this particular class excellent because it is the first for this particular program at the university. So of course, there's lots of naysayers and lots of cautious supporters. Then again, my university could decide to cut online classes altogether or force a certain percent to go online or make some other giant change with no notice. Run by a bunch of cowboys these days.
In my experience, it takes 3 to 5 time of doing just about anything to get it right, whether a new class or a new recipe. So don't set expectations too high, and build in an extra evaluation or assessment step at the end, beyond the typical likert scale jazz that every course gets. Don't expect perfection out of the box and calling it the beta test version can help make that clear.
Make it very very clear to the students that the online version is an accelerated and intensive offering of the face to face class. I agree with the point about not making all the assignments identical, but focusing on learning outcomes.