I'm into "ancient gaudy tome," so it looks pretty good to me.
And as for the spelling of "dominate" - I saw a reply on Gamingreport of a person who talked about the "semiliterates" at WotC, and how he was going to apply for a position as editor there because of the low competition. I had my reply ready to send, complete with grammatical corrections to their own post, but thought better of it.
The cover leaves something to be desired for me, but then again it's a core book, so the cover is only a minor factor when it comes to purchasing it. Now an optional book, that is what needs a good cover.
It sure looks better than the original 3rd edition cover.
But! Nothing like a demonic statue with dead liazrdmen lying around. D.A.T. is still the king of the hill* as far as RPG Rulebooks are considered...
*Maybe Otus, yes, with his Basic Boxed set... The DAT cover is what D&D is , the Otus cover is what D&D can be.
I'd say it's more reminicent of "ugly flea market lamp" than "ancient tome."
I find it completely uninspiring, just like the original 3e cover. Does it scream adventure? Does it conjure up wild, decadent cities and dangerous excursions into the crumbling ruins of forgotten civilizations? Fierce wars and righteous wrath? Does it even conjure up "fantasy"? The cover should sell the game and get you excited to break open the cover so you can see what amazing things lie inside. The cover should make you realize that you want to buy this book before you even look inside.
No, I think the 3e and 3.5e cover artwork is a complete failure as far as I'm concerned.