I am glad to hear the reaction to "proceedings idea" (I think it is repeatedly surfaces here).
First of all, publishing proceedings of once a year conference should be a very small job to do. You post submissions standards (accepted file formats, references, margins etc.), since our conference has only _invited_ talks it is not nessesary to peer review the submission, all is needed is a small editorial review, mostly technical in nature, lumping the submissions together and publishing them online. The editor will also be responsible for "reminding" the authors concerning sumbission deadlines etc.
I think that because we don't have an edged weapons journal, proceedings of this conference would be met with enthusiasm.
One more thing - there is such system as germanic publication model, where there are no referees, but each journal is a journal of certain society. Full fledge members of the society have the right to submit papers, both their own and of other people, with "... submitted by such and such" printed on the paper. This substitutes anonymous review process by a more personal interaction between the submitter and de-facto reviewer.
Concerning errors - a lot of Einstein's papers are highly erroneous. This gave him some troubles when he was young, but now - no one remembers these papers, only the ones that were right survived years of scrutiny.
In our community I think it should be the same - erroneous and weak papers will be forgotten, after may be a few angry debates here and there, but the interesting stuff shall preservere.
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