I always struggle to figure out what role arXiv should play in my information diet. On the one hand I support Open Access research. On the other hand, peer review is vital, and a substantial quantity of “papers” on arXiv are just blog posts in a LaTeX trench coat.
It doesn’t need much funding or staff and not quite sure why they’re going through all this rigmarole and independence. I almost think they’d be better off like Apache where there ade very few employees.