NEST (Never Ending Story) is the knol which has become an increasingly popular venue for publications including ones that look a lot like standard peer reviewed journals. More generally, a NEST starts as an embryonic paper. With iteration and with the help of co-author and reader suggestions, it incubates a mature manuscript. Unlike a blog, it is not just a snapshot of a narrative perspective in a sequence of snapshots, but a single integrated document.
We are using the knol as the infrastructure for our NESTs, we can hope that academic publishers will provide vehicles of similar functionality.
Important Statement from
HMS - Countway Library of Medicine - Director's Blog
Harvard Medical School's Countway Library of Medicine and the new frontiers in biomedical computing