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RE: Article on arXiv
There is a basic tautology in the comment that the physics
portion of arXiv demonstrates that there is really no impact from
e-prints on publishing and commercial publications. The problem
is that we are observing two separate processes: distribution and
peer review.
The distribution of physics material is fairly well handled by
arXiv, and the basic researcher population does not really
require commercial publishing.
The peer review process is what keeps the commercial publications
viable. The minute a viable peer-review overlay is added to the
arXiv server there will no longer be a need for the commercial
journals. The other aspects of commercial publishing (copy
editing, added-value branding, etc) might be worth maintaining,
but it does not seem important for the researchers who have
willingly adopted arXiv as their new choice.
You will see a drastic drop in commercial subscriptions the
minute a well established set of editorial boards offer
peer-review overlays on top of arXiv. What is required is a far
less expensive editorial board cost model, one in which profit is
removed and only the minimal costs for the infrastructure are
justified and covered by some alternative and reduced revenue
stream.
E-prints will impact the viability of commercial journals, but
not until peer review is addressed.
David Stern
Associate University Librarian for Scholarly Resources
Brown University