John Holbo has an excellent piece up on the Valve that very convincingly argues the need to reinvent scholarly publishing as a digital, networked system. John will be attending a meeting we’ve organized in April to discuss the possible formation of an electronic press — read his post and you’ll see why we’ve invited him.
It was particularly encouraging, in light of recent discussion here, to see John clearly grasp the need for academics to step up to the plate and take into their own hands the development of scholarly resources on the web — now more than ever, as Google, Amazon are moving more aggressively to define how we find and read documents online:

…it seems to me the way for academic publishing to distinguish itself as an excellent form – in the age of google – is by becoming a bastion of ‘free culture’ in a way that google book won’t. We live in a world of Amazon ‘search inside’, but also of copyright extension and, in general, excessive I.P. enclosures. The groves of academe are well suited to be exemplary Creative Commons. But there is no guarantee they will be. So we should work for that.