Well I know him personally and hes not making any 'profit' out of it.
Hes been scanning for about 5 years now. Has gone through 5 scanners in that time. Has recently got an extra pc and scanner so he can do twice as much in the same time.. Spends quite a bit of money on ebay buying up magazines. Has rescanned some magazines more than once due to getting better quality source material..
He could do better on the presentation I agree.. but the inalys for the DVD's (which he also designed) are on the cd's too so you can always print out your own hi-res colour copy (Mort has and they look fab) and stick a label on the cd.