"On-demand publishing" is one sign of a vanity press, and you have to be careful with those; it seems like a good idea until all your money is gone.
I believe
http://www.absynthemuse.com has some articles on the dangers of vanity presses if you'd like to read more.
Being a member at the aforementioned website, I can use their forums and I can ask advice there about how to set up an e-zine, if that's what people are agreed on doing first.
I suggest we start a thread where writers can submit the work they want published so our submissions comittee can all see & read them. All replies to the thread would HAVE to be submissions; the submission comittee can share their views of the piece via PMs, and then notify the author of acceptance or refussal via PMs as well.
What do you guys/girls think?