I'm curious as to how they'll explain the title. I am sure the question will come up in an interview at some point.
I like to think it refers to it being a complete representation of what the band can do musically.
They've collaborated with close friends. They've done guitar driven and electronically driven songs.
I see it as the album is a complete representation of where they are and what they can do musically.
Though of course it's difficult to judge the relevance of the title with the album without having heard it.
As for the cover. I can't say much about it but for me it appears to match the 80's aethedic that New Order are generally affiliated with.