Professor Hal Abelson, in a statement provided by MIT, said, "scholarly publishing has so far been based purely on contracts between publishers and individual faculty authors. In that system, faculty members and their institutions are powerless. This resolution changes that by creating a role in the publishing process for the faculty as a whole, not just as isolated individuals." Ann Wolpert, who directs MIT's libraries, said, "in the quest for higher profits, publishers have lost sight of the values of the academy."
Jeez... between this fight and the recent Kindle text-to-speech business, the publishing industry is sure looking kinda jerky. Maybe they should take a cue from the likes of bands like Wilco who have only benefited in sales from putting stuff online for free. Counter-intuitive? Surely. 21st Century? Totally.