This isn’t unexpected; CS made most of its money through mail-order computer vendors when I was there, and after that market completely dried up and blew away, it was really only a matter of time. The magazine, which was once the size of two Manhattan phone books, is now barely more than a leaflet. But this was the last remaining print magazine for whom I once worked — PC Magazine went away a couple of months ago, while the other three (Personal Computing, PC Sources, and Portable Computing) died while I was working for them. So it’s a bit sad.
Just read (through a link provided by Steven J. Vaughan-Nichols; thanks, Steven!) that Computer Shopper is going completely digital after it ships its April issue.