I am applauding this as well...I hope it actually comes to fruition!!
I know that when I was youngER, I would love to get the teen mags, but there was just something missing. I really didn't need tips on
How to cover up your roots, if you can't bleach for another two weeks, and things of that nature! Maybe things like,
How to cover up that head with a nice wrap when you look a HOT MESS! 
Hopefully it won't be as 'ghettocized' as Honey magazine, but more positive like "Essence".