(Yet) Another editorial decrying the excesses (or insufficiencies) of the peer review system:
http://www.biomedcentral.com/1741-7007/9/84
The main thesis of this article is that :
the success of a postdoctoral Fellow in finding a good academic position is perceived to depend, and to a large extent probably does depend, on his or her having published a paper in one of the three highest-profile general biology journals; but getting a paper into one of those journals can be extraordinarily difficult because - it is widely felt - referees seem to see it as their responsibility to insist on time-consuming additions and revisions, and editors are unable or unwilling to judge for themselves the justice of the referees' advice.