What Did You Think?: Hadley Freeman wonders whether or not it’s really true that models subsist on coffee, cigarettes, vodka and champagne. Just for the record, we’ve seen them eat sandwiches, with champagne of course.{TheGuardian}

Risky Business: Karla Martinez just left her job as Market Editor at T, The New York Times’ style magazine, for Karl Templer at Interview. {FWD}

Surf’s Up: Yigal Azrouel took a trip to Costa Rica & took lots of pretty pictures. What we’d have given to be on that boat… {TheMalcolm}

Too Good: Mickey Boardman, Sam Shipley and Jeff Halmos will be manning the dunk tank at Bird & Vena Cava’s Fashion Week Block Party. It’s over 90 degrees outside & we love all those people and it pretty much sounds like heaven. {Refinery29}

Today is Britney Spears Re-invention Day.

The 90’s pop tart’s launching both her Candie’s campaign and her new world tour which means she’s back to being a girl after being a Rodarte-wearing woman for a moment.

We’re drawing a twisted parallel to Interview - one of our favorite magazines that just can’t make up its mind. Its inner turmoil is awfully public and its readers are awfully confused. When Fabien Baron and Karl Templer took control last summer, they bled fashion into the magazine with a heavy dose of rock n’ roll edge. Kate Moss landed the inaugural cover, Stephanie Seymour was named Fashion Contributor and there were models in Margiela all over the place.

But now, with Baron and Templer out and Paris-based creative team M/M in, they told The Daily they’re going for “model-lite editorials” and a more retro design - not so interested in being on the cutting edge of the fashion world, apparently, which is strange since we’re pretty sure those who inhabit it are the ones who read Interview.

How much can a magazine drastically change its appearance, content and focus before seriously alienating its readers? More importantly, while all the controversy and behind-the-scenes drama has garnered Interview loads of press this past year, at some point, might it not be best to handle the changes and transitions quietly and let readers learn for themselves what is changing, instead of publicly and loudly declaring a new mission every eight months?

Late yesterday, WWD reported a major shake-up at Interview:

Editorial director Fabien Baron and creative director Karl Templer (considered one of the best stylists in fashion, especially because of his work at Calvin Klein with Fabien and designer Francisco Costa) have left the magazine simultaneously.

The departure comes as a major shock after all the hoopla of Fabien restoring the Andy Warhol-founded magazine to its former glory via better interviews, a fresh art direction, and more fashion than ever before. We all remember the major Kate Moss September issue of last year post re-launch, which landed Interview on Time’s list of best magazine covers of 2008.

The official reason? Fabien says he now wants to concentrate on his other business, creative agency Baron & Baron, and Karl also cited “other projects” as his reason for quitting the publication after such a short amount of time.

The good news? The departure couldn’t have been too big of a surprise, since WWD’s already reporting that creative direction will be picked up by M/M Paris, the French creative duo responsible for art direction at Jil Sander, Yohji Yamamoto, Purple, and a music video for Bjork, among many other things.

But what would make two of the biggest names at a magazine everybody really wanted to be as good as they imagined it could be walk away about a year into the job? Stay tuned…

It’s here.

The new Interview, in all its Kate glory.

So of course, we had to share - though we highly suggest picking it up in person. You can’t really appreciate the cover until you shake it around under lights to make the foil cover do a fun little light dance.

Because we’re so in love with you all, we’ve posted Kate’s entire spread, and her interview with Glenn O’Brien, after the jump. (We skipped the Margiela piece because, really, it was an interview with Maison Martin Margiela, not the private Margiela one-on-one we’d hoped for.)

Click through to learn that Kate loves boobs, hates implants, and actually did, yes, think she was too thin back in the day…