That too. Print is dead, after all.

If print is dead, then the Economist is some sort of scary zombie publication, growing stronger and more powerful as it shuffles along.

It's not dead... it's resting.

Print publication isn't dead, it's just no longer the primary means by which people receive their news and information from. People today want their info from a variety of sources. How many of you just visit WoW.com? Answer: Very few to none. How many of you visit MMO-C, WoW.com, and a few others? Answer: The vast majority of you. The point here is that there's always room for more well produced content in our world, and the WoW Magazine is doing this nicely.

Now, do I think they're a source for WoW news? No. Do I think they provide as good of analysis as WoW.com, or as interesting datamining endevors as MMO-C? No. But do they present neat information well stylized and written by smart folks? Yup! That's there thing, and they're doing a great job.

It exists because the content is actually good, well written and free from the public masses whining. For example the current magazine includes:
-9 Page article on the quest creation process, how they work and what they have learnt
-16 page article on the dragons of WoW with family trees and a general whos-who
-Whats changing around the work in cataclysm
-Guide to pugs
-Guide to arena
-Lots of fold out glossy artwork
-10 page article on lore of the titans
-Guide for "for the alliance/for the horde"
-Complete ICC guide
-Guide to WSG
etc etc

If don't like the idea of it i guess you just don't, some people like having something they can have sat on their coffee table to flick through.