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"The permitted use of Mag+ Create is for the creation of digital content (but this license excludes any right to deploy produced content on any tablet or other mobile media device"

Am I missing something?

Yeah the second half of that sentence, which explains (in admittedly pretty mangled English) that distribution rights are covered in a separate document.

"Mag Create" lets you create content for free. But to distribute it you need to pay for their "Publish" product.

free download...

$500/month if you actually want to distribute it

Yeah, that was a let down.

Anyone know of a similar platform, free or lower fixed cost, to start your own iPad magazine-like publication?