I love this offer by the University College London that they would fund researchers without the peer review process. As someone who had experienced rejection when requesting for research grant, this made me dance around with joy for the lucky UCL researcher who could convince the Vice Provost that their idea has merit.
I remember reading a character in a Jayne Ann Krentz book wondering if Charles Babbage had the money to build his super calculator, how advanced would our computer technology be right now. Would the technology be what it would be, in say, 100 years from now? Who knows. Maybe Babbage couldn't make it work. May be he could.
But still, what a wonderful concept!