It's a magazine for the fans who want the physical copy for their collections, of which there are quite a bit. It wasn't made to line pockets and obtain a ton of cash. The people working on this are quite aware of why Nintendo Power was cancelled.
"Collections"? That makes no sense, Nintendo Power collectors would want Nintendo Power issues, not some fan made (even if it's high quality) issue. Adding this magazine to their collection would not make it any more complete than adding Tractors Weekly would.