MediaCommons Press has launched and released its first publication, Planned Obsolescence: Publishing, Technology, and the Future of the Academy. MediaCommons gets support from the Institute for the Future of the Book and the National Endowment for the Humanities.
Here's an excerpt from the announcement:
This book-in-progress focuses on the social and institutional changes that will be required within colleges and universities in the U.S. in order for digital scholarly publishing to become a viable reality.
The manuscript is here published in full, in an commentable format designed to promote a new open mode of peer review.