I don't recall it being very "new-age-y" until the last year or so, when it got very thin and most of the articles were about alien 'stories', crystal healing, ect. There was always the beginning page of the one section about UFOs, but that was it--usually.
I also loved it,,,,, except for the declining era. Easily my favorite magazine growing up. It'd be fun to see it again but print is a tough business to be in. There are huge foundations behind the magazines that deliver quality stories and glossy content regularly, like Smithsonian and National Geographic. To attempt such a thing isn't a minor task.
I have read elsewhere that usually about 85% of a print magazine's income is advertising. The main reason they place the cover price at a given point is to help tailor the demographics (why the Robb Report costs $15 an issue, or is it higher now?). These days it seems like most geeks I know (including myself) are heavily predisposed to shopping online for most items. Whenever I pick up a magazine I sometimes glance at the ads and think "would I buy any of this stuff?" and my answer is usually "no, no, no, no, no,,,,"