You might argue that a single collaborative lit review would do -- so readers could just print out that plus the paper. But often that lit review section is tailored to your specific goals and audience. To do it well, I think you'd end up having hundreds of such lit reviews for a given topic. In which case, why even bother?
(I didn't mean to sound so harsh, by the way! I do quite like the idea of bringing some of software's collaborative tools over to research.)
Some authors go crazy. Say for instance, by explaining philosophy-of-mind concepts in an addiction paper.
Also there is "The Self Journal of Science" that aims to fix peer-review and exterminate bad publishing habits --- http://sjscience.org/
And my marginal, but an open source project --- http://papers-gamma.link
Thought not a complete solution, I envision a github-like environment for the research and links to wikis and other repos for the lit.
People could openly submit "bugs" with methodology or conflicts between studies (as a replacement or supplement for peer review). You'd be encouraged as an author to publish research that was well followed/starred, but most importantly you'd be flagged if you had a bunch of open bugs.
(Bug resolution then would have to be approved by not just the researcher, but perhaps an Stack Overflow-like "close" voting system.)