Pulped?

We're hearing rumours from a couple of places that Popworld's Pulp magazine has been axed on the day of its second issue.

Certainly, the website is currently returning the following:

Permission Denied

Error Code: 3
Request: http://www.popworld.com/pages/popworldpulp_home

We're not sure if this is a terrible shame or not - we couldn't find it on sale anywhere in MK - but it was something of an inevitability. Didn't the pop-fortnightly incarnation of Raw last for two issues as well?