I don't believe you are marketing Monash properly, b^3
I don't believe that your post is helping the OP at all in this thread.
Back onto topic, organising your timetable like that will depend on the degree, say for eng its not really possible, for comm or something I have heard of friends fitting it into 3 days, for Business Information Systems, I'm not entirely sure.
Some lectures are recorded and put online, not all, it depends on the lecturers, so sometimes you might not have to go in as you can watch at home, other times you pretty much need to go in, it just depends.
For me, travelling 1.5 hrs one way to get there each day, for a 5 day week, it does take its toll, its doable, but it requires you to stay motivated for the whole semester, I kinda don't have time to sit down and stop during the semster. But for me I still feel its worth it, it's not as if I didn't choose Monash, it was my first preference, and I don't regret chosing it, I know that for what I want to do I have to put this amount of effort in and thats they way its got to be.
So really, if you think you can put up with the travel, and Monash is what you want, then go for it, just make sure you can keep yourself motivated enough for the whole journey of uni.
Anyways hope that helps.