http://www.newappsblog.com/2013/07/more-on-ergo-the-new-open-access-philosophy-journal.html
In recent years, it has become more and more obvious that the business model of commercial academic publishers is a form of extortion, on many levels, especially of public money in places where research is largely or partially publicly funded. It’s the usual story: we work for them for free, both by writing papers and by doing most of the work involved in publishing a journal (editing, refereeing etc.), and then the irony is that we (or our institutions) then need to pay to have access to the results, through outrageous library subscriptions.