For the last three months I've been the editor of the open access journal Biomedical Digital Libraries, along with Wayne Peay. In that time we've published three articles, and three more are close to publication at this time.
One of the articles published so far is an editorial by Wayne and myself about the future of the journal. Right now you have to click on the PDF link to get to it, but soon it will be available in HTML full text as well.
BDL was launched by Charlie Greenberg a few years ago to provide another outlet for researchers in health sciences librarianship. We're still looking for our niche, and perhaps have found it: we hope to publish articles that take full advantage of multimedia capabilities. Today most online journal articles--mine included--are not really different from how they would look in print. This is not bad, but it is limited. I was very excited when BDL published its first article that incorporates movies a few weeks ago, and hope this is the beginning of a trend. In the article, Wayne and I say we are ready to publish podcasts. It's an unusual idea, because podcasters don't need a formal journal to display their work. But it would be interesting to see if and how podcasts could be folded into traditional articles.
BDL is also employing open peer review now. Our great peer reviewers know the article authors, and the authors know their reviewers. Traditionally, anonymity in this process was perceived to lead to more candid results. We think that transparency will yield more thorough reviews. Only time will tell, but in the very early days open peer review is working fine.
Current projects, aside from recruiting new submissions, are to revise our journal scope statement and figure out a way to link to quality posters presented at professional meetings. In addition, there are many administrative details to attend to. These can be irritating but are essential to publishing a good journal.
In sum: so far, so good at BDL. Hopefully, by this time next year we will be a more recognized niche journal in the field of health sciences libraries.