Saved by sari
Real peer review has never been tried - Works in Progress
Inside arXiv—the Most Transformative Platform in All of Science
wired.com
Why should peer-review happen amongst a small group of people when it can happen in the public eye? People can give comments, other people can give comments about those comments, etc. Ideas can get published faster, iterated on quicker, and become more of a group commentary vs. 6 month waits.