I think it looks cool. I don't thikn the other looks would have tranlated as well on the big screen. The green and yellow duds look too cheesy and just being a nude blue guy is too similar to Dr Manhatten.
Over the years, my spider love has been put through the ringer. From OMD, to them canceling Spectacular Spider-Man, to them killing Peter Parker (again) *sighs* but I don't know if I can handle another Spider-Man 3.