I'd recommend not changing these to 301 redirects. 301 redirects are permanent, meaning browsers can (and most will) cache them. Suppose you switch to 301 redirects. If one of your users' sessions ends, and visits subscribers.mywebsite.com/article1, and gets 301 redirected to www.mywebsite.com/article1. They log in, and click the link to subscribers.mywebsite.com/article1. If the browser has cached the redirect, they'll be taken back to www.mywebsite.com/article1! You definitely don't want that to happen.
Some recent experiments have suggested that 302s do pass some link juice (here's one). I'd look up how many links you're actually talking about here linking into subscribers.mywebsite.com.
Rather than doing redirects when users sign in, the best thing from my perspective would be to check to see if the user is signed in, and serve the all the content under the same URL. So all the content would be under www.mywebsite.com, but if they're not logged in, they get the extract of the article, and if they're signed in, they get the full version. That way all of your links would point to the correct page, subscriber or not (and then you could 301 all the subscribers.mywebsite.com links to www.mywebsite.com, since those URLs wouldn't be needed anymore).
Not that I'd recommend cloaking, but you could see if it's Googlebots IP address, and do 301 redirects in that case.