+1 on the UK mags

ProCycling for well, professional cycling news -- race results, rider profiles / interviews, etc... + some equipment
CyclingPlus for more recreational interests -- lots of equipment reviews, tips, routes (UK specific). CyclingPlus is really what Bicycling should be.

As a side note, I subscribe to Bicycling, but only because it cost me $5 a year. For $5, why not?