Training in company: quantity or quality?

Those who are in charge of training and lead this function in organizations have to justify the ratios reached each year. Among others, the total training hours received and the contents quality level are included in these indicators.
When training budgets are cut down year after year, both ratios, training hours and quality level, are hardly compatible. It is time to combine a training offer well-balanced within these ratios and devote more time to those subjects closer to the strategy and business goals.
E-Learning traditionally has helped to reach good results in quantity and is in no way inferior in terms of quality, where the number of relevant e-learning products available is growing.
What is your choice for 2012: quantity or quality?