[silentOpen]

The policy on which the MIT faculty voted allows opt-out provided the author(s) provide a reason. The new policy is a great step for MIT and the research community as a whole but still requires MIT to stand up to journals who demand exclusive rights. It will be interesting to see how much backbone MIT asserts.

[wheels]

It's nice that it's MIT though since they're one of the institutions with the academic weight that a journal wouldn't want to cut themselves off from the authors there.

That said, I suspect "open access" is to the traditional world what P2P is to the music industry: it's scary and presents a real threat to their livelihood.