slashdot is running this story [1] on the Highwire Press-led LOCKSS [2] project for distributed long-term journal storage. The /. blurb references the months-old Chronicle [3] piece on the topic. The LOCKSS page hasn't changed in a while... hope we see some source code and reports soon.
Links:
[1] http://slashdot.org/article.pl?sid=00/05/03/1434247&mode=thread
[2] http://lockss.stanford.edu
[3] http://chronicle.com/