While browsing in the Net, I came across a beautifull website which is dedicated for creating customized magazine cover [Customization include choice of template, background and text]. Here is how the site describes itself. The image below is a sample of endless possibilities of Magazine Cover Creator created using it.
Make your own magazine cover! Be a superstar! Prove to your friends how famous you really are! All you need is a photo from that fancy digital camera of yours. Works with your photos hosted on Flickr or anywhere else
Link :: http://flagrantdisregard.com/flickr/magazine.php