Also, just to note as there is some confusion out there, ALL of PLoS journals are reviewed in this way, including PLoS ONE.
There is a lot of discussion about the pros and cons of different styles of review. Open review and double-blind review have their strengths. Single-blind is universally thought as horrible as it preserves the hierarchy, has a definite gender bias, Big-School bias and Anglo-American bias, i.e., compared to both Open and Double-Blind, it has much more and stonger cons than pros.
Re: Peer-review
Also, just to note as there is some confusion out there, ALL of PLoS journals are reviewed in this way, including PLoS ONE.
There is a lot of discussion about the pros and cons of different styles of review. Open review and double-blind review have their strengths. Single-blind is universally thought as horrible as it preserves the hierarchy, has a definite gender bias, Big-School bias and Anglo-American bias, i.e., compared to both Open and Double-Blind, it has much more and stonger cons than pros.