A couple of years ago, I might have replied that the magazine mostly regurgitates basic video tips and new product reviews, but not any more. More and more, the magazine has added articles for the more advanced and even pro videographers, but still has plenty for the novices.
No matter what stage you're at, experience-wise, you'll find plenty of interesting reading in VM magazine. But if you're into wedding videography, you need to give Event DV a read also.