I get Edge, and I used to get Nintendo Power. Now that NP's gone (they were tougher in their reviews than most people think), the only reviews I really take seriously are Edge, Eurogamer, and Giant Bomb.
Yes i suppose it can't compete. But i've learnt some things and i read my mag in a cafe when i'm out so it cool for me. And there are some cool books on video games in library's. But the net is far superior.