1)  How can we make this lab better for students?
- give academic credit for work completed
- make the lab a regular part of the curriculum, with a catalog description, scheduled time, etc., so students can plan ahead
- expand beyond the basics, including some examples of real circuits
- more contact with design engineers ( help with projects, mentoring )
- avoid time-consuming grunge, distill from our circuits the essence of what students should learn

2) How can we make this lab better for industry?
- opportunity to interact with students without committing to teaching a full course
- focus on real circuits and interesting uses of the tools
- avoid administrative or other burdens on design engineers time

3) How can we make this lab better for the university and faculty?
- fit in with existing courses and research areas
- help with practical details, setting up tools, etc.

We can get some ideas from other university websites.  Here is one of my favorites.

Here is an online tutorial.  We could put together something similar for some more interesting circuits.

Here is Cadence's list of University participants.  Many good programs here.

More of my favorites:
http://www.cadence.ncsu.edu/ -- NCSU Design Kit
-- large number of classes using EDA tools, including Analog ( Synopsis HSPICE ), Logic Design ( Cadence LDV ), RF Design ( Agilent ADS )