Ludo Waltman and Rodrigo Costas have self-archived "F1000 Recommendations as a New Data Source for Research Evaluation: A Comparison with Citations" in arXiv.org.
Here's an excerpt:
F1000 is a post-publication peer review service for biological and medical research. F1000 aims to recommend important publications in the biomedical literature, and from this perspective F1000 could be an interesting tool for research evaluation. By linking the complete database of F1000 recommendations to the Web of Science bibliographic database, we are able to make a comprehensive comparison between F1000 recommendations and citations. We find that about 2% of the publications in the biomedical literature receive at least one F1000 recommendation. Recommended publications on average receive 1.30 recommendations, and over 90% of the recommendations are given within half a year after a publication has appeared. There turns out to be a clear correlation between F1000 recommendations and citations. However, the correlation is relatively weak, at least weaker than the correlation between journal impact and citations.