Absolutely, even the concept of less credible journals should NOT exist. The idea that a study is not good enough for a journal with some credibility, so lets get it published in Joe-Shmoe's journal of bad science is insane.
Hence why we need a more open, social media based (ie, real time communication) method to communicate scientific data. Aside from the benefits of speed, you have a community of scientist that can talk about the data and if something sucks, it can get called out. I'm hoping this reduces the BS science that gets published and we can start to reserve resources for studies that actually progress knowledge.