I like it... it is something I would have liked to seen at my chapter as well.
I do agree that the online version will save $, but I do also understand how important a print version is as well - not only because some people are more comfortable with a hardcopy, but a print magazine is also a great recruiting or information tool to have even just lying around the chapter.
That being said I do have high hopes for the electronic version of the C&C - being more accessable might mean more contributions... but more importantly more communication by in effect providing a central touch point (well more that the Fraternity website) for all Brothers no matter where they are.
Keep up the go work, and here's hoping for a bigger and better C&C now (or at least one that I actually get

)