2 cents on the table..
I agree with vpresley on donating it to places where it may interest people and get them into the hobby.. They no doubt have several people who it might catch their eye..
As for the choice of getting it or not, I do not see much choice.. Every club run field that you go to requires that you have AMA insurance.. I don't recall any saying that you would be allowed to fly without AMA insurance as a whole.. Most don't go for the third party insurance coverage idea..
At any rate, $58 bucks for a year isn't any huge price IMO considering the coverage you do get. If you think you'll be in the hobby for a life time, get the life time coverage for what, $1,500? That's 25 years of $58 payments, for what, depending on how old you are, you may end up flying till you're 70.. For me, that would be like 42 years.. It's a big savings.. But that's another story..
Now, I don't doubt that at least $20 of the dues goes to the mag.. Though that seems high for all it is.. But at any rate, it would be nice to get an email version instead for a slight reduction in dues.. Least then we'd save a tree too..
For more advanced flyers I can imagine that the mag would be a waste of time, or for those who think they've advanced far enough in the hobby to even think the information within is below them. But it does make interesting reading, and if not, go back to the donate it idea and get more people into the hobby.. I know as a kid I would have LOVED to flip through the pages while waiting at the dentist.. Maybe then I'd have gotten into this all a whole lot sooner than I had..