I'm currently working on a paper that I would like to publish in a peer-reviewed library journal. Choosing a journal for publication is a serious issue, there are a number of criteria to consider. I would like to publish in an open access journal, and there are a few in the library profession, but there are significant reasons for not considering extant OA library journals....
When I look at the top library journals, there are very few that meet all of [my] criteria. DLib is one of the premier open access journals, but it is focused on digital libraries from a research perspective. I'm looking for a journal whose audience consists of practicing librarians, not researchers. None of the premier journals that cover academic libraries in general (such as College and Research Libraries, portal: Libraries and the Academy, and the Journal of Academic Librarianship) are open access. Some of the journals with a narrower focus (Library Research, Collections, and Technical Services) aren't even online, except perhaps in full-text databases like Wilson Web.
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.