> whereas current grants include some money for subscribing to journals.
No, individual academics don't subscribe to journals, the university libraries do. This will result in slightly more money for universities, slightly less money on grants for research.
> Certainly less ideal than circumventing publishers entirely, but hopefully a step forward.
Publishers are still useful, so I don't really see a reason to advocate circumventing them. Physicists have had the ArXiv for two decades, but that hasn't stopped them from publishing.
No, individual academics don't subscribe to journals, the university libraries do. This will result in slightly more money for universities, slightly less money on grants for research.
> Certainly less ideal than circumventing publishers entirely, but hopefully a step forward.
Publishers are still useful, so I don't really see a reason to advocate circumventing them. Physicists have had the ArXiv for two decades, but that hasn't stopped them from publishing.