[mayank]

It's a costly business for the people doing the actual reviewing, ie the scholars who essentially work for free. Academic publishing is, I hope, the next industry to be reformed by open access web archives, although I'll be the first to admit that it's a long way away. So I think it's perfectly fine for you to be "fucked off".

[carbocation]

Despite accepting basically everything that is valid science (typically a much lower bar than is required to publish in most journals), PLOS One has had a consistently increasing impact factor. In other words, the open access approach is getting some respect from scientists who produce the original material.

[alextp]

One of the best things about working in machine learning and natural language processing is that the best conference and journal archives are already open access ( books.nips.cc , usually ICML publishes the papers online, there's the ACL anthology, JMLR and JAIR are fully open access, etc).