Although this is issue #2 it's actually the first issue published. The stencils for #1 were ready to print but delayed for reasons not stated.
Contents include: American comic and strip news, fanzine reviews, a centerspread drawing of Marvelman (Miracleman), article/index on The World Adventure Library; reminiscences of Electroman, more.
Written by Dave McCulloch. All artwork is uncredited, presumably it's also by McCulloch.
Characters in fan art include: Batman, Captain Marvel, Marvelman