I look it as similar to another type of magazine I would get as a kid, Wrestling, I think the main problem is how up to date a magazine can be, once the internet happened, and wrestling dirtsheet sites and the like became the norm, wrestling magazines which could be up to 3 months behind from when you would get it, were doomed. Luckily Pro Wrestling Illustrated still exists, I got an issue the other month, also feeling nostalgic I got a mad magazine which got a few laughs out of me.
A shame really, especially cheat codes for games. I've been reading alot of the old egm's and gamepros and its so interesting, games used to be able to get more hype then, somehow with just still screenshots and the magazine writer hyping it. Also it is nice to take a break from looking at the cell phone imo.