TITLE: Subfactor summer reading list
QUESTION [10 upvotes]: Many people I talk to lament the nonexistence of a coherent source for learning the theory of subfactors. 
Could someone suggest a nice (ordered) list of books/papers to work through to obtain a suitable background in this theory, assuming the audience is comprised of mathematicians familiar with the basics of von Neumann algebra theory?

REPLY [2 votes]: I also think a good starting point is Jones and Sunders. 
If you are interested in type III subfactors, the literature seems to me a bit rare, but there are some lecture notes:
Kosaki - "Type III factors and index theory"
In algebraic quantum field theory one studies "nets" which associates to certain space time regions (under certain conditions) a type III factor. Subfactors play an important role. There is e.g. the paper:
Longo, Rehren - "Nets of Subfactors"