Remember the past. The New Model Engineer in the mid-50's, lasted less than a year? If it hadn't been for Edgar Westbury and LBSC then ME would have closed before the war.
Is CAD such a wonderful thing? Look at the drawings in the 50's and 60's. then at the start of CAD in the late 80's. Rubbish. Multi colour, lines so thick you needed the drawing to be five times the real size otherwise it all merged into a mess. It was a good way of filling a page for which there wasn't anything else to say, shortage of space, pah.
Going outside your area of competence. Thinking here of the influx of electronics in the 80's, by people who didn't know what they were doing. Look at Martin Cleeve, pillar tool chap, Tubal Cain, Jeynes corner etc for quality. Then these circuits where they couldn't do a circuit diagram, had lines joining at a crossover. Couldn't design, how many speed controllers without any pull down resistors on the transistor bases?
I would suggest that the way forward is to have constructional or instructional articles. Looking back over decades there is no value whatever in reviews of exhibitions, open days and similar. Also reduce the size of the magazine back to the early 60's, less waffle, also less 'continued on page 99'. Also reduce the adverts to only 1/8 page each, if you want more then hopefully there will be boring things like contact details, missing in many cases, where is an 07… mobile phone number? This will reduce the cost of the magazine to print and post, keeping the minimum print run to a lower number. On line archiving simply won't work, and not been here long enough to prove it, paper works. Merge ME with EIM, EIM had some good articles but rather short of pages per issue so a series went on for years. Go back to the 40's with LBSC and look at his articles.
There is the Boat Anchor Archive for electronics, want a similar one for drawings, mostly just scans from decades past, but could be paid for.
No doubt it all wants a huge shake up, another LBSC, got a lot of time for him after reading 30 years of his writings.