Under IV, B, 1. 
At least five percent (1 word out of every 100)
 
  Make up your mind.  5% (one word in 20) or 1% (one word in 100)  :)
 
IV, B, 5: Open Content Availability
That section would prevent me from considering the ASTL.  Why should anyone buy my book?  All the crunchy stuff is freely available after 2 months.  Your system would then almost Limit the profit to the first 60 days, but it also tells the consumers that all they have to do is wait 2 months, and they can get it for free.  Not very good.  Maybe requiring it availble to a group of publishers willing to use the Action! license?  But you aren't going to get many if they are limited to the first 60 days, and users knowing they can get it for free after 2 months.
 
IV, B, 6, c.  Conversion to Action! System Core Rules required
Again, why buy my product?  If I can't create something that is unique (such as new attributes, etc. Sorry, don't know the Action! system, so I can't give better examples) to my line and create a market value for my products under your system, why should I?  Making a publisher convert back to the core rules means no new unique systems can be developed as an adjunct to the system. (for example, the Prestige Races in Oathbound, or various ritual casting systems in different d20 books.)  Yeah, a scary step in open gaming, since it allows others to come up with really kewl stuff and the dollars to a 'competitor'.  But they are using your system, and need your core book(s) to use it.  Ultimately, the good rules other publishers develop will strengthen your Brand.
 
Here is something you may not have thought through:  Anything you open under OGL as OGC, anyone can use without using your license.  All they need to follow is the OGL, and use any OGC you publish as a working base (opened under the OGL).  Are you prepared to accept that?  The only thing you can really keep a hold of is your Trademark "Action!" and any logo of it.  They can still do derivative works of your system, they just can't advertise it as compatible with your system.  They could easily use "Compatible with action based role playing games." and be completely legit, if I read your Trademarks in the file correctly.
 
Andrew McDougall
a.k.a. Tir Gwaith

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