$3,000 may be too much, but I basically like this idea. Isn’t the whole premise of (peer-reviewed) open access that authors would pay fees sufficient to cover the cost of publishing and peer review, so libraries aren’t ripped off by publishers? This is at least how PLoS and other leading open access journals I’ve heard of work.<p>If $3,000 is a ripoff, authors would refuse to pay and will pressure IEEE to reduce prices or take their business elsewhere, which has happened in a number of fields where open access journals have sprung up. Having libraries pay the publisher is not as effective for cost control.<p>Maybe peer review or even journals should die? I don’t quite agree, but if it’s true, having authors pay is probably the best way of bringing this about.