The My Space generation actually looking at ink-on-paper? Perhaps even reading ink-on-paper? Well, maybe. Advertising Age reports that the Santa Monica-based social networking site is considering a magazine that would complement its online property, now owned by News Corp. Editorial would probably center on standout My Space members and their likes (not much Mideast coverage, I would imagine). The probable publisher - through a licensing arrangement - would be the folks who put out New York-based Nylon, the hip music and fashion monthly (Avril Lavigne in on the September cover, to give you an idea).