Almost nothing for commuters, though I do still enjoy reading it. Usually I see deeply discounted subscriptions on slickdeals.net and renew that way. So to me, it is worth the $4-$6 a year I get it for. I wouldn't pay full price. Bicycle Times has more commuter content and less advertising, though it is more expensive with fewer issues.
Edit: I should also add that no magazine has as much information as this forum does.