The online journal PeerJ has introduced a new feature to biology that has a great potential: a preprint archive. This type of archive seems to be very popular in other fields, in particular arXiv for physics and math. Preprint archives serve two purposes: opens peer-review to a wide range of researchers and establishes precedent.
I have posted the last manuscript from my MS thesis as a preprint:
Feel free to provide feedback about this manuscript. I am interested on how making this process open differs from the typical closed process with journals. After a while I will submit it for formal peer-review and publication.