And under that model the publishers would also do all the scummy things you're familiar with if you've been say a cable TV subscriber. For example bundling four crap things with one good thing and saying that's a 5-for-1 offer when actually it's just an excuse to increase the price of the thing you actually wanted.

This isn't the golden age we might have hoped for, but open access is actually a desirable outcome even if as usual Capitalism tries to deliver the worst possible version for the highest possible price.