Judging from the menu, which is still in photocopy form, Magnolia is hoping to pick up some of Penny Cluse's overflow breakfast-and-lunch business. Located at One Lawson Lane in the space formerly occupied by Kahiki Moon, Magnolia has a mellow, crunchy vibe - and cloth napkins! Some of the more unusual a.m. items include "hot and crispy oatmeal," lime waffles and lemon-ricotta pancakes. For lunch? For edible intrigue, it's a tie between the Garbanzo Burger and Philly Seitan sandwiches. The still-unlisted phone number is 846-7446 . . .You won't hear Jerry Weinberg and Ginger Hobbs talking up the Five Spice Café in radio ads anymore. The restaurant's former owners - who continued to run the business together after their divorce - have sold the lower Church Street institution to Sam and Doreen Palmisano of East Montpelier. Their son Sam, formerly a chef at Ye Olde England Inn and the now-defunct Villa Tragara, will run the restaurant, which underwent some interior renovations last week. Palmisano, 35, has no plans to change the name, staff or the general direction of the menu. "For all intents and purposes, it's the same restaurant," he says, "except my parents are signing the checks.". . . There's nothing "Zen" about Shelburne Road, except the new eatery planned for the space formerly occupied by Rosita's restaurant. The owners of Koto Steakhouse are rumored to be involved in a new restaurant to be called "The Zen Garden."