Journal of Algorithms Board to Resign Due to High Journal Prices

Rumor has it the editorial board of Elsevier’s Journal of Algorithms has stepped down due to “the prices being charged by commercial publishers of scientific journals.”
In October Professor Don Knuth wrote a fantastic long letter to the editorial board of the Journal of Algorithms, explaining the current state of affairs. He has it on his web site (Look for “Crisis in Scientific Publishing”) with hopes that it will be helpful to anybody else who is trying to deal with this serious problem.

note: if this was just rumor I wouldn’t post it, but I’ve not been able to find an “official announcement” yet, I was told to watch SIGACT News for the final word.