Yeah, I got that from your original post. What I'm saying is that what little content actually makes it into the magazine is marred by a lack of attention to detail; and this makes it, at least to me, not worth buying.
Why? Lack of resources and fine editorship are not mutually exclusive. I've read many low-readership newsletters and publications that are impeccably written and edited - even without massive (or any) advertising revenue.
Unless, of course, it's the sort of scenario where you find someone else to do the same work for less money and as a result, the end product suffers...