There’s very big news in the open source world today, as O’Reilly has launched Sourcexchange, a service which will allow companies to submit software projects for bidding by open source developers. The winning bidder will write the code, some independent group will “peer review” the code, and then the developers will be paid the amount of the bid. The catch is that the code has to be released under an open source license after the project is complete. This could be an incredibly interesting development in the computer industry. Andrew Leonard has the story over at Salon.