This is an interesting idea. I'm not sure whether or not it's better than having the settings be a separate link (because making the module name a link doesn't make it clear -- to me, at least -- where it goes.) That said, I also have no problems with it, and would happily implement it that way if people like it.
i like the title as hyperlink
- They are not using checkboxes but buttons.
I was originally going to change the checkboxes to buttons, but then I realized: What if I want to enable 4 modules at once? Enabling them one at a time would be kind of annoying.
i think multi module upload is quite infrequent, and not all that painful. buttons work for me. please consider the subtabs as i suggested. they might not work as well, but i have a feeling they will look nicer than fieldsets