I like that there's no blood. Keeps everything flat and silly. It's an old advertisement eating another old advertisement. If you were an art school student, you could use big fancy words and turn this into a bold statement on design theory.
The Paradise decided to put on an art show of "commemorative posters" (I think it's still happening, actually). They e-mailed me about it. I was tempted by the list (early Police, Costello etc) but the general idea of it sorta turned me off.