I'm a pretty big fan of Red Hood when he is handled well. I enjoyed him immensely in Under the Hood and a bunch of other Winnick stories and I quiet like the way they handled him in a state of flux... trying to find his place; Going from out-and-out vengeance against Batman to trying to become him to trying to replace him. I'm enjoying his part in the new 52 and I like that whilst he hasn't forgiven what happened (and why should he) he has put it behind him and has left Gotham and the Bat family behind him to do his own thing. Even if he does pop up from time to time to help out when needed.
What I don't understand is why he is still ok with wearing one of Nightwing's old battle suits and hasn't got his own (sans bat logo) yet. ;) (Obviously I understand it really; it's to sell comics on the Bat-element)