At last, a careful study on the so-called benefits of peer review:
> 
> http://physicsworld.com/cws/article/news/43691-One of the best observations:-"This may be particularly apparent when referees are asked to review more controversial ideas that could damage their own standing within the community if they give their approval. "-I hadn't viewed the issue from this perspective before--and I see how this would have a chilling effect, especially with budgetary constraints.

--
\"Why is it, Master, that ascetics fight with ascetics?\"

\"It is, brahmin, because of attachment to views, adherence to views, fixation on views, addiction to views, obsession with views, holding firmly to views that ascetics fight with ascetics.\"

At last, a careful study on the so-called benefits of peer review:
> 
> http://physicsworld.com/cws/article/news/43691-Another peer review article: -http://www.the-scientist.com/2010/8/1/36/1/-And comments on that article:-http://www.the-scientist.com/article/display/57717/

This article reports on studies of medical interest, and shows that one-third or more of findings are reversed later:-http://www.theatlantic.com/magazine/print/2010/11/lies-damned-lies-and-medical-science/8269-And I often see the re-discovery of stuff I knew 50 years ago!!