A collection of various theories and explanations of how magic would work in a scientific sense, and it's consequences, with a sprinkling of story thrown in to keep each one from being a lecture. Though the ideas are told through characters, there is no overall story - arc; A collection of circumstances is the best way to describe it.
Chapters would be added as and when I think of (or somepony else submits) an idea, so the story will always be 'Incomplete', because new stuff can always be added.
"Magic is just science we don't understand yet" -Arthur C. Clarke