Yes, Victoria has undergone some major changes. It even disappeared for a few years, which broke many hearts.
And, no, it's not quite the same as it was at its peak, but the fact is there's still no other magazine like it. Full of lush photos, interesting articles, and wonderful resources, Victoria is a beautiful, blissful escape from the everyday. I think the editors and writers are doing a really great job with trying to restore the magazine to its former glory.
I'm so glad I took the chance and re-subscribed. I had read mixed reviews of the "new" Victoria and was a little hesitant to splurge on a subscription when I hadn't seen any of the "new" issues. But I love it. Every new issue is a little vacation from the ordinary. Whenever it arrives I sneak off to the back porch swing for a few hours and lose myself in Victoria's pages.