I think print is to media today what broad swords are to modern warfare. Sure, back in the medieval times charging at your enemy with a sword sure was better than punching it out, but as any sword fan quickly and begrudgingly realizes, you won't go far with a sword when you're facing your standard military issue run-of-the-mill M4.
Print media is the same these days. It was "the shit" back when the other option was looking at store shelves, but nowadays the internet has rendered it obsolete in the same manner that gunpowder, Kevlar armor and stealth bombers have rendered metal swords, armors and catapults useless. There's just absolutely nothing a print magazine can offer that a virtual one can't. Virtual magazines can update instantaneously to and from anywhere in the world, have significantly less costs than print media, and can offer pretty much anything from in-depth articles (provided writers and researchers are given the time), to "hands-on" gameplay videos and reviews long before their physical counterparts are anywhere close to shipping.
As you've put in your article, if I'm wondering whether or not to buy the latest sensation du jour, and assuming for a moment that "journalistic integrity" is equal in both prints, what should I do?
a) Wait till the end of the month, drive/walk to the nearest retailer, shell out 5 bucks (give or take) for a copy, and browse the article;
b) Instantly go to my online magazine of choice, for free, type in the game's name in the "standard" search bar and read a similar article on it, usually accompanied by a video of the gameplay?
Even TV is struggling to keep up these days. For all the "visual flash" characteristic of TV programs, usually offering more gameplay videos and such, they're still restricted to the kind of schedule, usually weekly, websites are simply not. A virtual gaming mag can update their website whenever, constricted only by whatever times their employees will work, and has a global (and permanent) reach by default.
Internet is the future. Will I miss print media? Yes. I still have several Magazines laying around that I also never look at. The glossy cover designs, the flashy articles, the sheer fact that it's a print... I'm gonna miss all of that, much like I miss the days of sword fighting. Yet I wouldn't send a soldier to Iraq with a katana instead of an M16.