Summary: Beneath Ceaseless Skies, 2008
Beneath Ceaseless Skies is a brand new webzine devoted to "literary adventure fantasy". The editor and publisher is Scott H. Andrews. It publishes two stories every other week. (Often the stories are serialized over two issues.) The first six issues appeared in 2008, with a total of 10 stories, 4 novelettes and 6 shorts, just under 75,000 words of fiction.
What I've seen to date has been pretty promising, and fits quite well within the definition "literary adventure fantasy". The best stories so far are Yoon Ha Lee’s "Architectural Constants", a challenging and original story of a constantly changing city, its changes controlled by a mysterious "spider", and of the librarian and the sentinel whose destinies collide with the latest alterations; Charles Coleman Finlay and Rae Carson Finlay's "The Crystal Stair", about the concubine of an exiled god trying to escape the schemes of the harem; and a Gaunt and Bone story from Chris Willrich, "The Sword of Loving Kindness", about returning the title object to its rightful owner -- with consequences expected to be dire, yet which turn out ironically different.
No SF of course, and 7.5 of the 10 stories (75%, obviously) are by women.