I think that information itself is more important than the medium it's presented on, and I wish there was a focus on veracity / quality of information, and instilling the abilities required to critically consume media.
But, thinking back to classic philosophy books, a lot of them were just popular ideas that were totally wrong or corrupt, yet since they were popular, they were widely accepted. It's really not so much different in the present, it's just that the sheer amount of information floating around dwarfs 'true' information.
I mean, I would take this forum, and other fora I am interested in, over some hobbyist magazine any day. But, in terms of news... it's really the same, isn't it? Most news magazines have been propaganda in some sense (maybe not overtly false, but they were never exactly 'truth to power').
the only argument I have against the death of physical print is the tactile sensation, and the invovlement required. But really, that is more of a knock against the internet than it is a compliment for print magazines.