According to the press release, The University of California faculty have just endorsed an open-access publication policy. The policy does not require publication in open-access journals, but deposit of articles in eScholarship (UC’s open access repository). There are supposedly opt-out mechanisms, which will undoubtedly see heavy use, both because many major journal still don’t allow deposit in university repositories, and because depositing in the UC repository will probably be a bureaucratic hassle that is easier to opt out of than to comply with.
Of course, I haven’t seen the details of the policy—it has not been distributed to the faculty yet. Once again, I find out UC changes of policies first from the news media, not from any internal communication with the faculty.
I’m basically in favor of open-access publishing, but not in favor of author-pays funding of it (as an unfunded researcher, I can’t afford $2000–3000 per article). Having a UC-based respository is basically a good idea, as long as it isn’t as much hassle to deal with as the NIH repository was (and maybe still is—I’ve not had NIH funding for a while). I don’t know how good the indexing is going to be, either—whether people will be able to go from a standard journal citation to the UC copy of the article easily, without having to go to the eScholarship site explicitly looking for the article.