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Originally Posted by igorsk
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This is a fantastic idea and a great start. There are many other examples such as Wikipedia where many people, both professional and amateurs can contribute. Now sure there are issues, such as keeping quality high and blocking biased opinions, etc. I follow several sites where people contribute ideas, knowledge, experience and even experimental findings comparable to what can be found at universities (or better).
So some sort of combination of professional publishers and open community can do a great job of gate keeping while not discarding texts prematurely. For open community one can always create a rating system like eBay for sellers say, whereby members are rates and can be kicked out when misbehaving too much. Meanwhile new/junior members would be given less access/privileges while senior high rank members would have more power.
Look at the book library here. Everyone knows Harry, Patrica, RWood, etc.
So even without a ranking system we know these are decision makers and you better listen to them. I imagine most users here comply with their requests without hesitation.
Anyway Baen's system looks very nice