Celestial Sauron

Today's Astronomy Picture of the Day is a Hubble Space Telescope image of MyCn18 (how's that for a designation?). An hourglass-shaped planetary nebula in the constellation of Musca (one of the many somewhat obscure constellations of the southern hemisphere), it is sometimes better named as the Engraved Hourglass Nebula. I think it has a somewhat piratical or sorcerous look. The other eye of Sauron?