Dear Mr. **:
The revision is still with the editor, who so far has received a report from 1 reviewer; he is waiting to hear from another person he has invited. (I am not the editor; I administer the ScholarOne Manuscripts Web site.) Once he has all the reviews he requires and is ready to make his decision, he will inform the corresponding author by e-mail and he will be able to read any comments from the reviewers in his message and\or on ScholarOne.
I do not see any obvious problem with the review process for your paper, but I understand your concern and will forward your message to the editor so that he knows of your inquiry.
Best regards,
Franklin Jones
Editorial Office
IEEE Transactions on Magnetics