I think it's a case of "The Emperor's New Clothes". They've been around since time immemorial, and proclaim that they are publishing "the best poetry in English", and people buy into it. In fact most of what they publish is identical to the babble published in a thousand lesser-known literary magazines, and much of it appears to be written by the same person.
I've tried a number of times submitting, and always got a rejection, for pieces that I believe were far superior to most of what they print (I'm not bragging, because that's not saying much!), many of which I subsequently had no trouble publishing in other journals.
The humor issue was so unfunny you had to laugh!
I agree that there are some good pieces now and then, but they are so few and far between that it's not worth the price. And I agree with Susan, that their publishing formal pieces is tokenism, and most of the formal pieces are far inferior to what you read in Measure or I&T.
When my issue arrives, I barely glance at it. Then, straight into the recyling bin. When my subscription expires, it's history.
Yes, it's poetry, Jim, but not as we know it.
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