Christophorus is published by Porsche, Panorama by the Porsche Club of America, the US Porsche Club.
I believe if you buy a new or used Porsche from an authorized dealer, you will get Christo for free, at least for a while. At least that's what happened to a friend of mine that bought a used Box from a Porsche dealer.
Christo articles seem to be largely about new products, European tours in Porsches and generally patting themselves on the back for their cleverness, profitability, etc., plus tedious recitation of company board and stockholder meetings. I doubt you will ever hear a word about RMS failures or porous blocks in Christo.
There is an obvious relationship between PCA and Porsche North America, but that doesn't mean that Pano columnists and writers don't beat on Porsche from time to time. Pano is devoted to club activities, technical articles, articles about Porsche history, and articles about special cars built by members. It's a lot like Excellence, with the addition of local regional club activities.
I can't really think of any reason why anyone would actually pay for a subscription to Christophorus, but I'm sure many people do.
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