Magazine Circus new for magazine industry

Taxi reports about the new interactive social network for the industry, and promises the latest up-to-date information covered by the social networking ring, the news blog, and bulletin board. Magazine Circus is run by a team of anonymous magazine insiders, Taxi notes that it has the latest information and breaking news.

In our February edition of the LinkedIn RoundUp, we highlighted how the media industry is focusing on using social media to continue to connect with its fans and stay afloat in the industry.
Do you think something like Magazine Circus will help them do this?