In addition to the discussions about open access, it may also be worth
discussing whether the traditional peer review structure is broken and
replaceable with newer models that take advantage of Web 2.0
technology.
There is a provocative article on this:
Kravitz, D. J. & Baker, C. I. (2011). Toward a new model of
scientific publishing: discussion and a proposal. Frontiers in
Computational Neuroscience.
Open access link:
http://www.frontiersin.org/Computational_Neuroscience/10.3389/fncom.2011.00055/abstract
Here are some stats from the article that I found interesting (Table
1). They're from cognitive neuroscience but I think the results would
be similar in perception and attention research:
33% of manuscripts are accepted in the first journal to which they are
submitted; On average papers require submission to 2.1 journals
(range: 1-6), with 2.6 revisions (range: 1-6), requiring 6.3 reviews
(range: 2-15), and taking 221 days (range: 31-533) from first
submission to publication. By the authors' calculations, this adds an
indirect peer review cost (prorated by a postdoc's salary for an
estimate of 6 hours per review) of $840 per paper and an indirect
revision cost covering researcher labour of ~$1600 per paper. The
frequency histograms for citation rates for papers in top-, mid- and
lower-tier journals shows considerable overlap (Fig. 2).
Here's a quote from the paper that I liked (p. 4):
"One study (Peters and Ceci, 1982) resubmitted 12 articles already
published in high-tier journals with different authors names and
institutions. First, only three of the papers were detected as already
published, and at a time when the number of published papers was much
lower than it is today. Second, eight of the nine remaining papers
were rejected, none for novelty, but generally for “serious
methodological flaws.” This result might suggest a systematic bias by
Reviewers or that peer review itself is unreliable."
and a link to the cited paper:
http://journals.cambridge.org/action/displayAbstract?fromPage=online&aid=6577844