My favourite magazine is probably, suprisingly enough, blue.
It's an aussie gay art magazine.
I actually like it not neccesarily for the men or whatever, but its just SO well put together. Very well written, and really interesting articles. Actually I don't really look at the pictures, I just read the articles because I have to say they're much better written than any other popular mag I can think of.
Also its very creative, it's like a gay Playboy in their ability to write outstanding articles, but show hot people nekkid.
Also there's Maxim and Stuff where I get my monthly collection of Did You Know's, the Hot Twin Bartenders, and Hot Girllie pictures
But if you're in Australia, I highly recommend picking up Blue....my local B&N supplies it here, but someone always picks it up before I do