I love Lapham's Quarterly. Also, what a missed opportunity it represents for Harper's (Lapham's previous employer). Harper's has been famously slow to embrace the web and as a result has been declining lately despite still featuring strong writing. Lapham is an octogenarian and very old school in many ways, but has still managed to pull off the print/web hybrid format in a way that Harper's hasn't. I can easily imagine an alternate reality where LQ is a Harper's vertical as opposed to an independent breakaway journal.
Lapham's Quarterly is another example of print never going away (though it may become a niche one day like vinyl records). Their attention to physical detail in paper, ink and illustration gives each issue a tangible value that's hard to replicate in the digital world no matter how "interactive" you might make it.
I was a fan of the magazine and subscribed for the first two years, largely on the strength of the inaugural issue focusing on war. In a way I think they kind of cheated with that issue because it turns out that there is a huge amount of compelling writing and art on the subject of war -- massively more than some of the late subjects they chose.
Particularly the "money" issue seemed amazing superficial. As in most of the extracts were just various ways marveling at the concept of fungibility.
(Or maybe I don't appreciate it because I'm not as smart as Lewis Lapham.)
I think it's a bit of a Rorschach test. I bought the "Future" issue on a newsstand and immediately subscribed. Of the next three issues I found two less interesting, so I let it lapse. Then the fourth was interesting again. I just picked up the latest issue, "Time", on the newsstand and it's great. So different from the usual magazine where maybe a quarter of the content is interesting to me. Here, maybe half the content is interesting, but it's divvied up such that it's feast or famine.
Mr Lapham's writings in the Harper's Notebook column justified the cost of the subscription for me. The breadth of scope he would bring always amazed me.