One possible disrupter is the open-access model used by the Social Science Research Network, http://www.ssrn.com, which was founded in 1994 and seems to be extensively used in the legal academic community.
SSRN makes posted PDFs available for free download. The Wikipedia entry says that "In economics, and to some degree in law (especially in the field of law and economics), almost all papers are now first published as preprints on SSRN and/or on other paper distribution networks such as RePEc before being submitted to an academic journal."
Quality and prestige metrics: SSRN ranks posted papers by number of downloads, and it also compiles citation lists---if I successfully find Paper X at SSRN, I can look up which other SSRN-available papers have cited Paper X. (Sounds like a job for Google's PageRank algorithm, no?)
According to SSRN's FAQ, it's produced by an independent privately held corporation. I assume that means they're a for-profit company. I don't know how they make their money, other than that they will sell you a printed hard copy of a paper, presumably print-on-demand.
"We have entered into a variety of relationships with the publishers to provide access to their fee-based research through the SSRN eLibrary. These papers are identified by this icon: Incl. Fee Electronic Paper (a red dog-eared page with a "$"). If you are purchasing a fee-based paper, you will click the 'Add to Cart' link and be linked to your Shopping Cart."
So they run as affiliates for paid-for papers.
They also run a job listings service.
You noted already the ability to get a printed and bound copy of a paper on demand.
Edit: without looking in detail it seems those running the service are probably supported by academic institutions [for other work that they do?].
SSRN makes posted PDFs available for free download. The Wikipedia entry says that "In economics, and to some degree in law (especially in the field of law and economics), almost all papers are now first published as preprints on SSRN and/or on other paper distribution networks such as RePEc before being submitted to an academic journal."
Quality and prestige metrics: SSRN ranks posted papers by number of downloads, and it also compiles citation lists---if I successfully find Paper X at SSRN, I can look up which other SSRN-available papers have cited Paper X. (Sounds like a job for Google's PageRank algorithm, no?)
According to SSRN's FAQ, it's produced by an independent privately held corporation. I assume that means they're a for-profit company. I don't know how they make their money, other than that they will sell you a printed hard copy of a paper, presumably print-on-demand.