I don't think the Neural Net library was quiet what it was in Lush, but it was getting there.
How many people are they teaching in person these days?
I wouldn't be surprised if, at this point, his work split 90% FB, 9% NYU Center for Data Science, 1% NYU CS.
LeCun is now running a high profile lab for a $100B company. He's got the personal attention of the founder. He's only going to be at NYU as a talent conduit. It's not the same as Hinton's arrangement at all.
Pulling someone to industry doesn't stop one from contributing back to the field. This is what they do, what people actually care about. In fact, if you are a big player in a field, you spend most of your time conducting your research and running a lab, not teaching classes. This is the norm and half of the famous professors I had barely ever come to lecture, only the TA would show up (some schools are strict on this though, like MIT). And I often tell people if you want real good solid education, especially for an undergraduate, don't attend big player's lecture. Your TA or your average not-so-well-known professor can be more helpful.
Those who know, do; those who understand, teach.
-Aristotle.
Obviously it's an iterating/evolving meme.
[1] http://answers.yahoo.com/question/index?qid=20100823190727AA...