I guess the biggest news now in the chess world is Magnus Carlsen withdrawing from the World Championship cycle.
Instead, Magnus favours the tournament method (link to Chessbase article)?
I'm sorry Magnus but you've lost me. The matches have been a mainstay and the main attraction of the chess world since its inception to produce a World Champion whether you like it or not. San Luis 2005 only produced a FIDE World Champion much like in the preceding years before it. Mexico 2007 was a special event and one which produced Anand as a unified World Champion because the then existing World Champion Kramnik agreed to play under FIDE's rule. Anand subsequently solidified his status a year later in Bonn and no one has since doubted his status.
No one ever said the path to being a world champion was easy. In the 50s and 60s, players had to qualify for Interzonals and then the Candidates before facing the World Champion. Players who reached this summit truly deserved to be a World Champion. That is why players like Smyslov, Tal, Petrosian, Spassky, Fischer proved their mettle and their names are etched in the minds as great chess players in everybody's hearts and minds.
So why a tournament format? It's obvious that Magnus shines in such a format and it is one which guarantees his best chance of winning. But winning such a tournament is worthless in the eyes of the chess world. The years of the split between FIDE and Kasparov are well known and FIDE's introduction of the tournament format was ample proof of that.
I find it amazing that Carlsen qualified not because he had passed through the Interzonals nor the Grand Prix but because FIDE gave him a free ticket to the seat by virtue of his rating and he is still not satisfied.
This is not going to sit well with the rest of the chess world.