I think the cover is going to do exactly what they want... Sell magazines. I would say many more people will buy the magazine on a drive by than will actually ever cancel their subscription because of the cover.
The occasional golfer hat never would have given this magazine a look may now actually pick it up and page through it. These same folks may find there is actually good content in the magazine and decide to pick up a subscription.
Either way I never get why people get so up in arms about these things. Sometimes it's a cover sometimes it's an advertisement. If you don't like it then turn the page.
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Even that is debatable.