The benefits to an educational institution of editorial involvement with a major scholarly journal are intangible and, in any case, hard to calculate. Nevertheless, David E. Johnson, assistant professor of comparative literature in the University at Buffalo's College of Arts and Sciences, and his colleague Scott Michaelsen, associate professor of English at Michigan State University, have taken on the co-editorship and concurrent "reinvention" of just such a journal -- CR: The New Centennial Review.