Public Library of Science (PLoS) has finally published their first issue, Vol 1, Issue 1. Especially interesting is their first article/editorial Why PLoS Became a Publisher that provides the rationale for the open access to scholarly and scientific literature.
Quote:
"PLoS Biology, and every PLoS journal to follow, will be an open-access publication–everything we publish will immediately be freely available to anyone, anywhere, to download, print, distribute, read, and use without charge or other restrictions, as long as proper attribution of authorship is maintained. Our open-access journals will retain all of the qualities we value in scientific journals—high standards of quality and integrity, rigorous and fair peer-review, expert editorial oversight, high production standards, a distinctive identity, and independence."

