The mags in the US today are failing because they are all CRAP!!! Game Informer is nice becuz it has pictures and seems to always get exclusives on upcoming games every month (Uncharted 2 this month) so that is nice. Play, I don't even know what to think of that mag anymore after some of the reviews I have read in it. I don't think a bad game exists to those guys. Gamepro and EGM, I really don't even need to say anything.
If people would gets off their computers and realize that reading a well written, well layed out, well researched, well put together and so on mag can be quite an enjoyable experience, I think a mag could do very well here in the states. If GameFan was to be resurrected, I would shoot for a target like GamesTM. That mag has got it all every month.