I need to be honest; judging by that picture, I am not of fan of this look. I don't think it's the design that I don't like, nearly as much as the execution. I love the cowl and love the idea of a gray, fabric based suit. I really hate the sculpted muscle. As soon as I saw it I felt like I was looking at a giant action figure. The texture on suit, from that picture at least, looks to me like a cheap thermal shirt. I'm really disappointed with the leather gauntlets, too, as the armored versions have a great look to them (ie Arkham Asylum) especially when contrasted against the fabric suit.
I think what has me really bummed about the suit is that I saw a number of manips on these boards that I was a big fan of and felt they brought a new vision of the character that still retained everything we love about Batman. There was one specifically that used the Cap suit in Winter Soldier as a basis and looked really great.