Readership grew while the magazine was free to read on the web, but plummeted when Budrys began charging for subscriptions.

Well-known authors who appeared in the magazine included Gene Wolfe, Ursula K. Le Guin, and Harlan Ellison.

The Encyclopedia of Science Fiction lists The Mines of Behemoth, a novel by Michael Shea, and "Another Story", by Le Guin, as among the best work published in the magazine, but comments that Tomorrow was "rather less satisfying than one might have expected from Budrys: an uneven mix of the superior with the sufficient".

[14][13] Production costs increased over the next four years, and although Budrys raised the price twice more, to $4.50 in June 1995 and to $5 the following April, he was unable to make the magazine profitable.

[22] Under the pseudonym "Paul Janvier", Budrys contributed "Starlight", a short story written to suit the cover artwork, by Alex Schomburg.

[11] Other well-known writers who appeared in Tomorrow included Norman Spinrad, Avram Davidson, Harlan Ellison, and Sarah Zettel.

[24][13] The Encyclopedia of Science Fiction describes the fiction as "very uneven" but lists among the better stories The Mines of Behemoth, a novel in the Nifft the Lean series, by Michael Shea; "Another Story" by Ursula K. Le Guin (a reprint from Le Guin's collection A Fisherman of the Inland Sea); and work by William Barton, Élisabeth Vonarburg, R. Gárcia y Robertson, and William Esrac.

[11] Many of the newer writers failed to establish themselves in the field; exceptions included Eliot Fintushel, described by the science fiction historian Mike Ashley as "perhaps the real discovery of Tomorrow", and Michael H. Payne.

Ashley comments that the work of the many new writers often appeared mechanical, "as if they were following Budrys's guidelines and learning as they went ... few could sustain it, which is why so few of Tomorrow's discoveries sold beyond the magazine".

[20][32] Tomorrow was a finalist for the Hugo Award for Best Semiprozine in both 1994 and 1995, losing to Science Fiction Chronicle in 1994 and to Interzone the following year.

[33][34] The Encyclopedia of Science Fiction summarizes the magazine as "rather less satisfying than one might have expected from Budrys: an uneven mix of the superior with the sufficient".

The Encyclopedia of Science Fiction describes the book as demonstrating Budrys' "shrewd sense of genre".