Realms of Fantasy Lives!!!!
Apparently Warren Lapine (Tir Na Nog Press) has purchased the [insert a dozen superlative adjectives then delete them] magazine from Summit and plans to revive it, editors and all!
Here's the month-old news on SFScope, Locus, and realmsoffantasymag.com
Locus also points to this comprehensive Q&A posted over on Slushmaster.
Hat tip, Gerald Warfield!