This is National Geographic 2.0 -- a gorgeous online travel photo magazine with Italian flare and built for online viewing. A broadband connection is necessary and the latest issue (#14) is 181 pages of sharp full color photos and animations.
Issue #14 covers Columbia, Myanmar, The Berkshire Hills (Massachusetts), Mt. Etna, Berlin, Croatia, Tuscany and Salina (Italy). Look for animations (some hidden) in some of the photos. Basic Travel information and links are provided at the end of each photo essay.
The magazine comes in Italian and English versions. You can subscribe to their newsletter to get announcement of each new issue. The have a discussion forum, but with no moderators it is almost entirely filled with spam! They must be graphic artists first, and web masters last.
Very cool! - Check it by clicking on the title above.