I reckon they could have been a bit more inventive. For instance, how about having the dog's head emerging from a kennel? As it is, the fade to a turquoise Randy Rhodes style shape just doesn't work for me.
And why not give the dog a collar and attach the strap to that as if it were a leash? That would have been quite funny.
Anyhow, this beastie is equipped with what appears to be a backwards mounted
"Great sound for heavy metal", it says. Now, had Anthrax changed their name to Basketful of Puppies as was once suggested during the anthrax scares of a few years ago, then this would have been the guitar for them.