We were all told we have to memorize things because we can't carry the textbook around with us, that's simply not true anymore.
Filling our brains with dates for civil war battles and the dates of birth/death of random authors was completely pointless.
I think that more critical thinking style education will certainly be a good thing.
Educational material should focus much more on how to keep kids interested in the material rather than making sure you know every detail of every event.
I think the educational system needs a major overhaul. Let kids learn the subjects that interest them at their own pace rather than constant exposure to random bits and pieces. Or at least try it, now that technology is so cheap and powerful we can track and allow access to everything imaginable for education (other than instant learning, but it's probably not too far off).
If I had something like Khan Academy and a tablet in school it would be amazing. Now would be a great time to be starting school, you still need teachers and parents that are willing to inspire and know how to appeal to the interests of children of course.