RE: Open University & Masters
I did a OU degree. Modules are 60 points as you say.
I always had a standard of getting the TMAs in on the due date no matter what. Good practise to follow.
I think with the OU that it is a bit backward as everything depends on the exam. Have a bad day and you have wasted a year (and lots of money).
Very expensive if not getting sponsored by work.
Good luck whatever you decide.