Pop quiz! You are the editor of a major scientific journal whose policy is " ...to disseminate concisely-written, high-impact research reports on major scientific advances", with a rapid turn around between receipt of manuscripts and publication so that such results can be communicated rapidly. In pursuit of the later goal "...to be a fast-track and high-impact journal ...", your journal has "... a policy of rejecting papers for which major revisions are required to meet the [journal's] criteria of impact, innovation, and timeliness." You receive an article which one (of two) reviewers considers to be, with minor revision, a worthwhile low impact paper, but which he deems would require major revision to be a high impact paper. What do you do?
Roger Pielke Jr thinks that if it is his paper, at least, and if the journal is Geophysical Research Letters (GRL) you should publish! I think that claim strains credulity.