Each edition will have projects and techniques to inspire you, a gallery, and a nice mix of articles, book reviews, profiles and stories to keep you thinking "outside the square".
Felt Magazine comes out twice a year, in June and December. June '09 is the 1st issue published.
It can be ordered as a subscription or as individual issues from their website. For USA it's around $11-12/issue or double that for 1 year subscription, mailing costs included.