There have been rumors that "Vogue" had banned KIM KARDASHIAN ... but if that was true, it's no longer the case because the latest cover features Kim and KANYE WEST.

Remember when SETH ROGEN and JAMES FRANCO did that parody of Kanye and Kim in Kanye's "Bound 2" video? 

Well, now they put out a version of the "Vogue" cover, with THEIR faces Photoshopped over Kanye and Kim's.

Seth Tweeted it out ... and said, quote, "It had to be done."