In conjunction with its 80th anniversary, Time has put up a database of digitized covers going back to 1923. What a fabulous historical trove. This is a great example of content that can't really be done through any other medium. Tip of the hat to Steve Outing over at E-Media Tidbits.
Now of course the collaborative software hacker in me says, "wouldn't it be great if folks could build their own annotated scrapbooks and make them visible to others?" This can probably be easily done without AOL/TimeWarner's permission, but it would have been really forward looking if they had incorporated some ideas from Phil G. Why I bet they even could have gotten people to pay for access. Allow folks to build their own "80 Covers of History" and enter them into a contest. Charge $10 a pop. Laugh all the way to the bank.
Memo to self: new content based business model, authoring contests with Disney style peekaboo archives