I've been watching (lurking) with great interest. Just wondering, Why stay with the paper paradigm? It took a nano to download and review onscreen and I'd print out the pages I wanted hardcopy. Really enjoyed the video links from LI Woodworking mentioned earlier too - so why burn CDS when you can host the video?
The "subscription costs" could be used to provide a subscribers-only newsletter space and not be spent on postage. Advertiziing could still supplement the bills. Another writers/organizers private space (as Paul suggested) could be used as the "backroom" where all the work gets done and the finished product then posted in the subscribers corner.
I'd rather my 32cents allocated for postage be spent on a better product. I'm interested, but would rather it be "online" personal reasons - not ecological.
Experience is the BEST Teacher. Is that why it usually arrives in a shower of sparks, flash of light, loud bang, a cloud of smoke, AND -- a BILL to pay? You usually get it -- just after you need it.