The Linguist List is currently running a good thread on open access journals. Unfortunately, the list software doesn't let me link to the thread itself. But here are the first four postings in the thread, 1, 2, 3, 4. (Thanks to Kai von Fintel.)
Posted by
Peter Suber at 8/27/2004 11:18:00 PM.
The open access movement:
Putting peer-reviewed scientific and scholarly literature
on the internet. Making it available free of charge and
free of most copyright and licensing restrictions.
Removing the barriers to serious research.
I recommend the OA tracking project (OATP) as the best way to stay on top of new OA developments. You can read the OATP feed on a blog-like web page or subscribe to it by RSS, email, or Twitter. You can also help build the feed by tagging new developments you encounter.