The new policy appears to recommend rather than require OA. Because the details are in a PDF (in German), I can't link to a machine translation. If someone could post an English summary or translation to SOAF, then I'd link to it from this post.
Update (1/11/08). I just posted a crude translation to SOAF. Bottom line: the policy is a recommendation, not a mandate. It recommends that authors self-archive or submit their work to OA journals, and it recommends that journals and publishers use CC licenses or deposit their articles in an OA repository.
Posted by
Peter Suber at 1/10/2008 10:28:00 AM.
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.