First of all, no that is not Britney on the cover - It does say in small print "Truthlessness alert: This cover image is a composite photos. Britney did not pose for that photo. That, sadly, is not her body."

In the upcoming issue of the March Blender Magazine they have a very long, although very interesting, article on Britney Spears.
Here are some bits of it, if you would like to read the whole thing you can here. Thanks toThatOtherBlog.com!

1: The Paps
Christmas lights dangle from tree branches in front of the Raffles L’Ermitage, the Beverly Hills hotel where Britney Spears slept last night—and where the paparazzi who keep watch over her now sit waiting. Although she owns a mansion in L.A., she often crashes in hotels because, the press speculate, her cupboards at home are bare: She likes to order room service. Spears is the only celebrity in the world under photographers’ 24-hour watch, a surveillance mode usually reserved for prisoners and suicides. Some of the core group of 15 or so lensmen who call themselves “her paps” pass the stakeout hours online, chatting with women via wireless laptop connections. Some smoke pot. Felix, the team captain for X17, the paparazzi agency with the closest ties to Britney, occasionally looks down at his phone to find a text message from Sam Lutfi, Spears’s confidant and de facto manager since last summer. Felix reads aloud: “She is inside.”

. The bride
“Funny as sh*t,” says a former Jive executive, when asked what he thought of Spears’s decision, one night in Las Vegas in 2004, to marry a childhood friend from Kentwood, Jason Alexander. “She doesn’t connect the dots sometimes,” he explains. “Everyone thinks you only do those things when you’re drunk or you’re high. Britney can do things like that stone-cold sober.” The wedding was annulled 55 hours later, and Alexander gave a tabloid a s*xually explicit account of their brief marriage.

5. The mommy
The couple had two children (Sean Preston, now 2, and Jayden James, 1; Federline has two previous children, with actress Shar Jackson). “She had this fantasy of being a wife and mother, so everything happened fast,” says one former handler, unsurprised that Britney and Kevin’s relationship quickly circled the drain. Kevin told friends of wild mood swings and fights, calling her “bi-polar”—eruptions sometimes triggered by the hours she spent jealously scouring the list of female “friends” on his MySpace page. Though sources close to the couple say Kevin was philandering and a bit of a freeloader, his experience with fatherhood also made him the more domestic spouse. “He was Mr. Mom,” changing diapers and rising early to cook breakfast, says a friend.

California child-welfare officials visited the couple’s home after receiving reports of negligence, supported by paparazzi photographs and video. To set the record straight, Britney sat for a tearful Dateline NBC interview with Matt Lauer. She did her own hair and makeup, wore a cheap outfit, chewed gum throughout the conversation and talked about how much she enjoys housekeeping. She was trying to show the world she was a regular girl and that her recent maternal mishaps­—nearly dropping Sean outside a hotel, letting him ride in her lap instead of strapped in a car seat—had been unfairly magnified by relentless public scrutiny. But the interview, a PR disaster, only made her look more disconnected from reality.

That fall, Britney called former manager Larry Rudolph to New York for a meeting. (The two had parted ways around the time of Chaotic.) When he showed up, she announced she was divorcing Federline and wanted to rehire Rudolph and get back to work. Despite her best intentions, though, her discipline had waned, and as Thanksgiving approached, she went on a hedonistic, lab!a-flashing tear through Hollywood clubland with her new buddy Paris Hilton.