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At a local gathering of science fiction fans, my wife and I discussed the state of the genre, particularly how our digests are doing. Their boom began in 1949 and peaked in 1953, when there were nearly 40 in publication. That number is down to less than 10, and many are (as usual) predicting the end of the fun.
While it is true that the volume of production is down, I argued that the quality is up...or at least evolving. I used Galaxy's sister magazine IF as an example. IF pays it writers less than Galaxy, and it is a sort of training ground for new blood. Fred Pohl, the magazine's shadow editor, also prints more unusual stories there. As a result, the magazine's quality is highly variable, but the peaks tend to be interesting.

Sadly, this month's IF is chock full of valleys. You win some, you lose some. Still, for the sake of completeness, here's my review; as always, your mileage may vary!
(see the rest at Galactic Journey!)