In essence: the publisher (Elsevier) is charging too much for doing too little. As the editorial board, please informally vote on what to do (change to a University publisher, change to ACM publishing, change to a University press publisher, change for-profit publishers, do nothing and keep Elsevier).
> As I said, the purpose of this letter is to solicit your opinions [...] Namely, I'd like each of you to rate the desirability of each of options (i), (ii), (iii), and (iv) as described above