I doubt that model would hold considering the fact that ad-blockers are too cheap to subscribe to a service like that, but why not just pay the magazine a little more in subscription fees?

The aura of anti-advertising among the tech crowd is somewhat sad. The ads are on consumers' side in terms of keeping the price of content down. That being said, I too use Adblock. :) Advertisers need to bring the annoyance level down a notch (especially with those automatic-popout-video-player-banner-deals-with-broken-mute-buttons).