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.