I already blogged about Electric Literature no. 1 . Electric Literature no. 2 (Autumn 2009) is available now, with another five more stellar stories: Nick Liptak reviews the party that was thrown to celebrate this issue here.
Colson Whitehead's “The Comedian,” my favorite story in issue no. 2, probes the significance of observational comedy in contemporary culture: here is the Youtube preview.
Stephen O' Connor's “Love” is about a couple and a cabin near Mount Quiddagunk -- a fictional place, I think? Jealousy. Suspense.
Pasha Malla's “The Slough” asks what if we could shed our skins? Being writers, he seems to reply, do we have any choice?
Marisa Silver's “Three Girls” is a subtle tale of familial embarrassment. Single sentence animation here.
Lydia Davis's “The Cows” is like a story Ludwig Wittgenstein might have written about cows after first going insane.
Disclaimer: Electric Literature's blog The Outlet has stories on it too, one of which is by me.