APS is sort of “our hands”. Some of us are APS members, many editors I know from the time they were PhD students and postdocs, and I know that their policy is to publish all topics where there is research supported by APS - for example, an article on plasma physics is very difficult, if not impossible, to publish in Nature / Science, but PRL / PRA (or is this PRE?) still published plasma physics on a regular basis. I am not advocating return to the old style PRL publishing, but if that one got out of hand, I do not see any reason why a similar system would not get out of hand for the same reasons.
I agree that the article writing style has improved though - which is definitely a good development, even though Nature is formally for general audience, and there is no way the general audience can understand what we are doing.