Re:This is going to hurt smaller research groups a (Score 1)

This is exactly the point against fully open source. Journals create a more level playing field between researchers at (for no fault of their own) no-name universities and those at recognizable universities. Why do you want to publish in Science? Because of the name that goes with the article (i.e. it;s impact), why would you want to go to MIT? For the same reason, as someone has already pointed out you will get the same education at many universities so it makes little sense in paying so much money if you ONLY want a good education but that's not the point. You get instant recognition if you are associated with MIT or with Science. If the publishing also goes to the universities then where will it leave well-deserved research from people in no-name places? So it is actually going to give these universities a monopoly on research not create a means of research dissemination. In this scenario they will get even more money from funding agencies then before. But the journals have gotten out of control and charge far to much for the services they provide, as a reviewer myself I have to do voluntary work for these journals while they make money from it.