A British comic series that came out not long ago was Midnight Kiss by Markosia Enterprises. This was supposed to be an ongoing series, but only 5 issues were ever produced, of which the first 4 were printed in comic book format. However, all 5 issues were reprinted in a collected graphic novel. Written by Tony Lee(Dr. Who comics), and drawn by Ryan Stegman(Grimm Fairy Tales), this series took the concept of alternative fantasy realms to a different level.
The comic is about Matt Sable is a "nexus", who is someone that is able to travel between alternative realities. Along with his sexy succubus partner Nightmare De'Lacy, they try to protect the young William who keeps the last of the dragon race within his dreams, while a mysterious enemy hunts him down. The Oz aspect in this is that Oz is an actual world amoung the multiverse that Matt can travel through. Here, Dorothy is a young woman and now the President of Oz, while Scarecrow is waging a civil war against her with an army of rocket-powered cyborg apes. Apparently, the brains that the Wizard gave Scarecrow were those of the Wicked Witch of the East, so her mind is in control of his body. Dorothy along with a Gigantor-version of Tin Man team up with Matt to stop Scarecrow, and rescue the Lion, who is never shown in the comic.
This was a good comic, although brutally violent with some suggestive material(if you have a problem with that). You shouldn't have trouble finding the 4 printed issues from used comic dealers, although if you want the complete original story arc you'd want to get the trade paperback with Issue #5 in it. The first two issues are also available for download at Drive Thru Comics.