Personally the fact the employers are venturing online to retrieve prospective employee information indicates to me that using online resources in a positive manner can only give a leg up in the job market. I realize that people possess many different opinions on this issue though, so feel free to share your thoughts.
Based on the reason stated above and because Google Sites has an easy to use interface, I have elected this service to host my new CV and teaching materials site. I started creating the site today, and once I get a bit more done I will post the link here to get your feedback. Until we meet again...