Looks like Michael Moorcock is bringing back the most famous of SciFi literary magazines: New Worlds. Details and a synopsis of the magazine's history here. I'm skeptical that the magazine will be a return to glory -- I believe that you can never really go back -- but perhaps they can get a newer, different groove on. We'll see. But it's always a good thing when there are more outlets for good writing, and I'll be checking it out to see how it fares.