The panther suit is terrible. It's a mess of over-the-top, ridiculous, unnatural, ugly musculature, it's too shiny, and it doesn't look even remotely like actual equipment. It looks like something you'd see in "Batman on Ice," not at all like something Batman would actually wear.
The B89 suit had similar silly musculature, but it was mostly saved by the fact that it's texture was evocative of something organic, something suggestive of a creature. The way it was lit helped, also. The shiny, overly perfect nature of the panther suit, however, makes it look like a ridiculous, glossy Batman statue. Crap.
No more ridiculous, over-the-top sculpted muscles ever again, please. The Spider-Man route is fine, but none of the B89/Panther stuff. Blech.