Re: Modern Masters
It will be released in paper, but they have said it's "limited release" with no definition on how many cards that means. Expect price gouging and some places to only offer in draft, no packs for sale.
Re: Modern Masters
My LGS has already indicated they won't sell boxes. They anticipate packs to go for $15 (or more) each on the day of release.
As I understand it, they intended to use Modern Masters to introduce more players to the format, and to make it more accessible. Sadly, it seems they are only Legacy-izing the Modern format (raising prices and creating a barrier to entry).
Re: Modern Masters
The LGS I just started attending said that they will only be getting somewhere around a case of Modern Masters (MMA). The will be selling them for like $6-8/pack, not doing any pre-orders. We tried to convince them to do some drafts as well, because otherwise just selling out of packs quickly will be really boring.
Re: Modern Masters
They're supposed to be 6.99 a pack compared to the 3.99 a pack for normal ones. It's supposed to have a higher number of cards that were rarer even in their original set.