Amazing Stories might have little connection to the original pulp magazine, but Amazing Stories does have broad support from no less than 4 former Amazing Stories editors as well as dozens of SF and fantasy authors.
The original Amazing Stories was a magazine started by Hugo Gernsback in 1926. Mr. Gernsback is widely regarded as the father of SF, and he noticed a market for science fiction stories before the term even existed.
This new incarnation is the work of Steve Davidson, the owner and publisher of Experimenter Publishing. Mr. Davidson has been working to reawaken the icon ever since he registered the trademark in 2011. Amazing Stories first reappeared last summer with the release of a pair of review editions but went silent shortly afterward while everyone was working towards the launch as an online magazine.
Are any of my readers involved in this blog? I've looked over the names mentioned as contributing authors and I'm surprised that I have not heard of this before.