PLoS Launches Open Access Biology Journal
Vojtek writes "An international grass-roots organization of scientists is lauching an open access journal, PLoS Biology, that will compete with existing publications. See PLoS.org for details. Read their FAQ, download and post their Poster, support their cause!" We've done several previous stories about these guys - this one is pretty thorough.
A similar site is ArXiv, which does mostly physics stuff AFAIK. You can do things like searching more easily on the web, as well as the openness benefits.