I'll be damned if Jim Lee didn't FINALLY draw the symbol well!
IMO, the symbol as drawn here is a hundred times better than the MOS \S/. It's modernized but still retains the classic shape and style.
The rest of the suit is, of course, still crap. I read an article somewhere online that stated that the problem with Lee's suit is that it doesn't look permanent; it lacks the classic qualities needed to be a true change.
I agree with that completely. Lee's suit looks like something out of a bad 90s Elseworlds story. Removing the armor plating, the high collar, fixing the boots, and adding a red portion where the trunks would be (IF the trunks HAVE to go to appease that HUGE majority of people who are demanding they go

) and the cape attachment would be perfect.
Oh wait...that would be the classic costume. Which didn't need to be changed.
Same with the MOS suit.