I read about 'Delayed Gratification' last year, but didn't get my act together to actually try it until just recently.
Their motto is 'Last with the breaking news', and the idea is that they let the dust settle a bit before writing articles about what really mattered during the last quarter. This should (in theory at least) allow them to analyse and investigate more thoroughly than a daily or weekly news provider.
Unfortunately it doesn't seem to work very well. The issue I received last week covers the last quarter of 2012, and the articles appear poorly edited as well as being of less than ground-breaking quality. While there are a few longer, more probing, articles, the majority of the magazine is taken up by single-page uncritical articles on rather ephemeral events. For example, Felix Baumgartners 'space jump' is commemorated with a hagiography penned by his mother
That's not to say that there aren't any interesting articles. There's a long interview with Ben Johnson (the sprinter - not the writer...) and an article about off-shore floating cities. (And I have only read about half so far.)
But my first impression is that it reads as a bog-standard glossy magazine from six months ago. And it doesn't help that it appears to be poorly edited. Without explicitly looking for them, i found two typos of the kind that should have been caught by even an automated spell checker (e.g. 'acorss' for 'across').
I really wanted to like it, and I think I may buy it occasionally (if it survives), but I can't help feeling disappointed.
For now I'll stick to getting my contemporary news from +The Economist