The discovery of magnetic and compositional effects in the low temperature properties of multi-component glasses has prompted the need to extend the standard two-level systems (2LSs) tunneling model. A possible extension \cite{Jug2004} assumes that a subset of tunneling quasi-particles is moving in a three-welled potential (TWP) associated with the ubiquitous inhomogeneities of the disordered atomic structure of the glass. We show that within an alternative, cellular description of the intermediate-range atomic structure of glasses the tunneling TWP can be fully justified. We then review how the experimentally discovered magnetic effects can be explained within the approach where only localized atomistic tunneling 2LSs and quasi-particles t...