I wondered if it was just a misunderstanding by the OP but it's the same language on JSTOR's site:
http://about.jstor.org/rr
>> "Register & Read Beta is a new, experimental program to offer free, read-online access to individual scholars..."
I dont think it's too geeky to point out that the use of "read-online access" indicates a poor understanding of digital tech and rights management and the web in general. Reminds me of the article posted the other day about how the no-fly list might be circumventable with a DOM editor.