Chances are that if you’re reading this, you have some degree of faith that online journals make a substantial contribution to contemporary literature.  I’m glad to say that Sandra Beasley does, too, as her article "From Page to Pixels: The Evolution of Online Journals" in the May/June 2009 issue of Poets & Writers is one of the best pieces I’ve read on this issue in recent memory.  You can pick up a copy at your local bookstore or read Beasley’s entire article online:

http://www.pw.org/content/page_pixels_evolution_online_journals