Shittiest Media Job Listing Ever?

Don't despair, laid-off media types: you could still land this magazine editorial job. You'll never guess how much it pays:

Freelance Features Editor Position (unpaid)
Job/Internship type:
Full-time
Company/Publication Name:
Monroe Magazine
Location:
New York, NY
Description:

Monroe Magazine, a new fashion, music and entertainment based magazine, is
seeking a Features editor with at least 2-3 years of writing experience.
This person must be able to commit at least 4 days a week - 25-30 hours a
week - and must have a reliable computer to work with and a fast response
time for all follow ups, e-mails and phone calls.

Responsibilities Include:
- Generate article ideas with editorial interns and staff.
- Oversee and manage all editorial interns, freelance editorial staff and
commissioned writers.
- Edit, revising and proofreading articles and stories.
- Researching new and upcoming short story fiction and nonfiction
writers.
Posted 4/28/09
Contact:
To be considered please submit a cover letter, resume, 3-4 writing samples and story idea proposals. Also include a list of your top 3 magazines and why you like them, and your preferred topics of writing interest. Email jobs@monroemag.com and put "Features Editor" in the subject line.

Good to know there are still volunteer opportunities out there. Also, go to hell, Monroe Magazine.
[Ed2010. Pic via]