The OP is exactly right, in my view: the current charade of paywalled-journal "peer review" is broken beyond repair.

See also from the same author:

* https://www.experimental-history.com/p/the-rise-and-fall-of-...

* https://www.experimental-history.com/p/the-dance-of-the-nake...

* https://www.experimental-history.com/p/lets-build-a-fleet-an...