In case you missed it, a SCOAP3 update from the Jan 26, 2009 Chronicle:
Physicists Set Plan in Motion to Change Publishing SystemRebelling against rising prices for the scholarly articles on which their discipline depends, physicists have joined with university libraries to create a nonprofit group to reshape how high-energy-physics journals are financed and distributed. But some librarians see problems with the plan.
Delivering library news directly to the Physics and Astronomy department faculty, staff, and students at the University of Minnesota.
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