I've just got my issue delivered today and I pored over both it and the blog post from Milkman.
In the next month/gameover section of the magazine, they write:
"It's a secret to everybody (except us). Someone get Kyle Hyde on the horn - our cover story for next month is a mystery. It's a damn good one, too! We reckon you're going to want to come back in 30 once we officially reveal this Manhattan-sized announcement. It's funny, 'cause we want to tell you, but we'd rather that you wait and see for yourself."
"Though our cover story's clouded in secrecy, we can tell you about a preview that's sure to be a hoot. Or batty, we should say - return here next month for an update on Batman: Arkham Asylum."
"Also, be sure to brace yourself - this fall's big blockbusters are starting to drop into our laps. Are they making us hot? Why, that's personal. But I guess we'll tell you: Check back as we give you the final word on Gears of War 2, Guitar Hero: World Tour, and Resistance 2."
Lots of little sayings in there that could hold special meaning or be red herrings. The Kyle Hyde mentioned is the protagonist from Hotel Dusk: room 215 which I believe is from New York.
The image, with a sundial in a field of flowers/garden (the blog claims a gothic-looking garden), has the dial pointing between 3:00 and 3:30 pm. An inscription on the dial says "I count only the sunny hours" which is a common saying on lots of sun dials, so doesn't seem relevant. In the legal writing they are required to put in every magazine, they always put something, usually humourous, in the fine print at the end. This month it reads "Never back down, never surrender", not sure if that's relevant either.
In the pictures from the blog, it seems like there are eyes/face in the middle of the blurred out black pieces on either side of the picture. It looks like there is either a gloved hand or mask covering part of the eye/face.
Also, about the pictures being blurred, not sure if anyone else remembers this, but a couple years ago, Interpol managed to unblur an image of a pedophile that had been blurred. I was wondering if any with photoshop skills knew how to do so on the image. The shape the two black images make seem very familiar, like from a mask or a painted face.