Mark,
I have no idea about the cover being real or not. I received the same letter with the picture that was posted on page 1 of this thread. I am just anxious to receive it so I can start reading about what has happened to the cars over the years since the 1997 Registry came out. I was just late getting my order in, so your #110 and below are going to be more impressive.
As for when I receive it, the way our mail up here works I receive my magazines about 1 month after everyone else on the club who subscribes to the same ones do. So I should receive mine around the last of September based on that.
Ron