John Baez has been writing, here and here, about problems with the academic journal system and a tool that might be a step towards fixing them:
Last time Christopher Lee and I described some problems with scholarly publishing. The big problems are expensive journals and ineffective peer review. But we argued that solving these problems require new methods of
• selection—assessing papers
and
• endorsement—making the quality of papers known, thus giving scholars the prestige they need to get jobs and promotions.
The Selected Papers Network is an infrastructure for doing both these jobs in an open, distributed way. It’s not yet the solution to the big visible problems—just a framework upon which we can build those solutions. It’s just getting started, and it can use your help.
Is it possible to get enough people interested in this to do something with it (like a website?)
It seems like it would take a herculean effort to get enough scientists interested and willing to participate. But then again, there may be many more scientists disillusioned with the academic journal system than I think.
At least in mathematics my impression is that there are a lot. The Cost of Knowledge boycott against Elsevier has about 13,000 signatures at the moment. Discussion of this kind of issue in the mathematical community has been happening for awhile now, most prominently at places like Tim Gowers' and Terence Tao's blogs, but also on Google Plus.