You're smart. A real mover and shaker. Breaking the glass ceiling. Oh yeah. So why be an unpaid intern when you can be an unpaid editorial assistant? The Ed2010 newsletter reports on a rare opportunity to be tied down and beaten at CosmoGIRL in the name of professional ladder-climbing:

THE DEPUTY EDITOR OF COSMOGIRL! MAGAZINE IN NEW YORK CITY IS LOOKING FOR AN INTERN TO WORK AS HER EDITORIAL ASSISTANT FROM NOW THROUGH MID-MAY. Job duties include editing one column each issue; project management; nexis-lexis and internet research for stories; phone and on-the-street interviews; idea generating; and day-to-day administrative work. Intern's name will appear on the masthead and will have the opportunity to write bylined stories. It's an AMAZING experience for anyone who wants to get his/her foot in the door in the magazine world. Looking for students who are enthusiastic about a career in magazines. As internships are unpaid, applicants MUST be able to receive academic credit for the semester (okay if it's post-graduate credit). Looking for someone who can work at least four days per week, preferably five. Email your cover letter and resume to ASAP. Please note in subject line of email that you are applying for the Deputy Editor's intern spot.

Five unpaid days a week helping little girls lose weight and give better head? I am so there.
P.S. Just because you call it an "internship" doesn't mean it's okay.