The magazine article noted that "like many other lines in Britain, the East Fife is under threat of closure. If the Beeching economic axe does chop it off, the memories will never be erased". Of course the axe did fall and the line closed in September 1965 to passenger traffic (with some goods services continuing for a brief spell thereafter).
The Glenfinnan locomotive had met its demise in 1960 after almost fifty years of service. An image of it being cut up can be seen here:
If you have memories of the railway through Largo and Lundin Links, please comment!