Sydney-based "New Trad Journal" project is just getting off the ground. Now's the time to get involved. From the about page:

"The New Trad journal will be an ongoing experiment in contemporary engagement with traditional, especially ancient, literary forms....[It is] by vigorous encounters with its roots, both creatively and critically, that culture is refreshed."

Aiming for first issue early 2012. Poets and scholars sought:

http://newtradjournal.org/volunteer/