As someone who enjoys the forum but isn't 'in with it' as much as I need to be to keep track of all the things I'm interested in - I think it's a great idea.
There are a lot of people who have their finger on mkivsupra.net's pulse and know anything and everything going on that's interesting, and have no need for a magazine. While I try and read as many threads as possible, I just don't have the time or patience to filter out the chuff and get to the stuff I want to read.
If someone else does the filtering for me and presents me with a shiny magazine I can just pick up and read every now and then, I'll be their best friend forever.
This forum is a great pot of knowledge when you can trawl through it to get to what you need and is a great medium for chatting about the cars we all love, but if you're not in the groove of it, you miss out and don't receive all the value it can offer.
If there is another medium for delivering some of that value, why not go for it?
Obviously not everyone will be interested or think it worthwhile and that's fine. I think there will be enough people interested to make it a success - be it as an 'annual' or more frequent publication.
Apologies for the ramble... do it