Here’s a look at where it’s headed, via a video Time Inc. showed off at a panel discussion this morning. About half the features in this clip–embedded video, that cool table-of-contents feature with geographic hotspots, chat, sharing–don’t exist yet, but will eventually, the publisher says.

Compare and contrast to the promotional video for the first iteration of the magazine, launched with Apple’s (AAPL) iPad in early April.

More ... plus videos and demos ... http://mediamemo.allthingsd.com/20100610/the-evolution-of-time-magazines...