Containing manuscripts later published in volume four of 'Reality Studios' (a 'special quadruple edition' published in 1982); letters to the editor sent by contributors regarding these submissions and related material. Poetry and related writings are provided by Jason Weiss, Herbert Burke, Gilbert Adair, Paige Mitchell, Maggie O'Sullivan, Carlyle Reedy, Rosmarie Waldrop and Marina La Palma. Others contributing include Peter Middleton (with an essay on Allen Fisher); Jeremy Adler and Allen Fisher (each with an essay) and David Miller (with a piece critiquing the work of Walter Benjamin).

A small number of reviews include an item by Andrew Mayfield regarding William Burroughs; Reedy on Cris Cheek; Green on Max Douglas; and shorter reviews by Fisher, Middleton and Victoria Plum.

There is also a transcript of conversations between editor Ken Edwards and E.E. Vonna-Mitchell, which were published in 'Reality Studios'.

Correspondence between Edwards and (separately) Adair and Adler is also featured.