I dunno. HGM seems to be at the bottom of the video game magazine pile. They seem to have no distribution in Canada, and from what I hear, limited distribution in the US, only publish quarterly, and put out issues that are skinnier than most monthly game magazines. Buying it and turning it into a retro mag might be an idea, but doing so would probably turn away most of the established reader base. I see their days as numbered ever since they went quarterly. A quarterly game magazine in this day and age makes no sense at all.
I am with triverse and his desire to acquire and preserve magazines that don't exist anymore and making them available again in print form, or even making deals with current magazines to start making their back issues available in print again. I mean, that is what this site is all about; it would be much cooler to be doing it with real magazines the real way.
Hardcore Gamer is nice to look at, and has some fantastic special features, but the rest of the magazine isn't that interesting or relevant. I am, in all honesty, more interested in what EGM, Game Players, and GamePro wrote about games 15 years ago than I am about what HGM writes about now.