It's there in the beta so DEVELOPERS AND COMPANY'S can test and get the bugs out. Why can't you all understand that?? More than likely it will be a app similar to iBooks that you will able to download. It's beta, just because you don't have use for it doesn't mean that others, dare I say more experienced and bigger devs aren't testing with it. Another thread about wa wa wa, I don't use this so apple shouldn't have it on there.
Im glad to have it as it will keep my mags separate from apps and books. I also think it will prompt more company's to deliver their content through apple.
They call it NEWSstand for a reason, it's not just magazines. It would be nice for my newspapers, auto download the new edition.
Good idea and needed IMO