I used to subscribe regularly but let it lapse a few years back. I like to be informed as to what is out there to strive for, if never too meet. Stereophile helped me decide what direction to go a few times. Reviews of top tier gear allows decisions on entry level gear from same MFG.
My biggest problem with Reviews (Reviewers) and Shows is that they rarely listen to music I listen to so it is hard to get a feel for the gear. Too many Mega Bucks systems are demo'd with a single instrument, or just a vocalist so you get no idea how it does with complex and multi layered music.
I feel I was in a very similar boat to you, and your take on the topic.
I've been to a couple audio shows in the past, and while there was eye candy, like you say most was not "ear candy". I used to have way more fun, and learned much more in all the Audio Stores in the 70's,
One shortcoming, was certain interests of not so much hearing a "system" they assembled, but a specific component within a system. A CD Player, or a pair of Speakers.
I once wanted to really "hear" a pair of Repro JBL Hartsfield Speakers, and the two gents would not raise the volume over Doctor's Office Levels because of the two little old grandmas in the room eating all the free Chocolate Chip Cookies (Palmer House Hotel-Chicago) Didn't want to ruffle any feathers.
At $14K or so a pair at the time, heck, I'd like to hear them!? They might as well been a Bose Wave Radio from what I heard. J&rkoffs that bring this sort of gear, and then won't play it.
At least with Stereophile, "one" component gets reviewed, and that was what held my attention to the magazine for probably 20 years. And yeah, I usually read through everything, test specs, comments on build quality, sonics.