It's nice that it's MIT though since they're one of the institutions with the academic weight that a journal wouldn't want to cut themselves off from the author

It's nice that it's MIT though since they're one of the institutions with the academic weight that a journal wouldn't want to cut themselves off from the authors there. That said, I suspect "open access" is to the traditional world what P2P is to the music industry: it's scary and presents a real threat to their livelihood.