Irresponsible Rumormongering: 'TNR' To Be Wrong Half As Often?

We hadn't heard this one before, but our source assures us that it's semi-common knowledge (yet somehow being treated like a state secret): Venerable contrarian publication The New Republic is apparently switching to bi-weekly publication status, which means if you're a subscriber your issue will now be two weeks late as opposed to the usual one. Is this some indication of the magazine's inexorable decline in circulation or a clever plan devised by part-owner Martin Peretz to drain the mag of any relevance in an attempt to buy it back? We have no idea: attempts to reach someone at the publication had not been made as of this posting. If you know anything, send it along.

Update: To clarify, The Observer suggested that this was a possibility earlier; our source claims it's a done deal.