Vogue is really on a mission to promote their may issue as well as justify why they put Gap (a low-end retailer(according to Vogue)) on their cover - because the whole new trend of dressing is high/low. However, the high/low look has been around for years now...it is nothing new.
I think that they could have done a better job with the styling...a much better job. I do not think they really represented the aesthetic of Vogue. I know they wanted to appeal to the early rising suburban housewives but they really should have represented a little better.
And correction...the last time there was an all model cover was September 2004 not in 1992.