Of all the new models several writers have suggested recently - this is the one that I like the best (not that that means anything at all!). It simply seems to make more sense to re-visit this model in light of new technologies. Surely the guardianship, curation and dissemination of information is as much the responsibility of HE as the production of it? (ninja librarians) I don't think it will solve certain problems - I can still imagine issues with closed peer review or other 'control' systems but it would be a definite starting point and perhaps better than 1000's of OJS's appearing everywhere without some discovery or cataloging? Go for it...