Dr Timothy Scott of La Trobe University (Bendigo, Australia) has just announced the creation of a "a scholarly, peer-reviewed journal in the field of Traditional Philosophy and Religious Studies," called The Eye of the Heart.
The announcement of this journal was carried by the ListServ of the Section for the study of Islam of the American Academy of Religion--the #1 body for academics teaching about Islam in US universities, to which many non-American academics also belong.
It's interesting to see further signs of Traditionalist activity in Australia, but it's especially interesting that the journal is peer-reviewed. There are two points about peer-review. One is that it improves the quality of articles. The other is that it gives respectability in university circles. Academics have to report their activities to university administrators, and in this context a peer-reviewed article counts for a lot more than one that is not peer-reviewed. The journal, then, is both a sign of Traditionalism gaining (or attempting to gain) respectability in mainstream academic life, and of Traditionalism "coming out." For years, many academics have been in some sense Traditionalists, but have usually kept this to themselves.
However, the editors have given themselves a let-out. According to the Call for Articles, "articles that do not fit the academic criteria for peer-review but are deemed of value will be published under a non peer-reviewed category."