This has some subtle, possibly unintentional aspects. [Spoilers] The werewolf is a woman, and is depicted apparently nude (no Universal-Wolfman tattered trousers) but the artist carefully conceals the monster's torso almost entirely (until the next to last panel). Not that a comic book in this period would show monster-genitals or even monster-boobs, but this is drawn almost as if to suggest that the monster might have female secondary sexual characteristics. On the other hand, if it did (and we just aren't shown them), then Michael would have realised that Paul couldn't be the werewolf, since he was male. So I've run rings around myself logically! The cover is also interesting: in the interior story, the witch in the well has only one eye but wears a dress and has no eye-patch, whereas the cover has the creature dressed in men's clothing and with an eye-patch, as if the monster in the well was a supernatural pirate or something (the well on the cover is also different than in the interior story). Covers don't have be faithful to the interior story, but the cover artist must have had access to the story because of the similarities, but then just decided to make changes on his own, I guess.