Micro magazines and a future of media

Does anyone read Time or Newsweek (being sold to anyone who will take them) any more? And when they disappear, who will really miss them?

The problem is that they are both slow and general. The world, on the other hand, is fast and specific.

Is there a business here?

While there are still people hoping to make a living writing a blog (not as a tool for something else, but as an end into itself), that's awfully difficult to do. Micro-magazines, on the other hand, feel very different to me. They...