Can only agree. Except they don't ask authors to do all typesetting and copyediting. Some try to provide value there by outsourcing it all to companies that make a complete mess of it. For an example see the recent IOP publication of an abstract reading "Abstract goes here" and the recent Wiley publication of citations reading "cite crappy paper here".

Actually a hands-off approach would be excusable if a) the technology systems they provide weren't truly awful and b) they charged significantly less.