Yes, it's all good. That is indeed Martha Stewart from early in her modeling career. Props/3 to Erin O'Brien for the win.
Here're a couple more from the early days. And a (somewhat non-canonical for the brand) more recent one.
(Original pic via flickr.)
* If you've been reading along for a while, you can probably come up with an even better snarky (but self-deprecating) footnote than I would have. If you feel like giving it a try, comment away.