I like the look but I wonder how the Lanterns who have always maintained a non standard look would end up. Guy Gardner for instance was never a normal looking Lantern so how would this revamp effect him.
I know this would piss people off like crazy, but I'd envisioned no more GIJoe Lantern Corps. Uniform uniforms. I think superheroes should have their own unique looks, but not those who are a part of a space military-esque police force. They all have a ring, which is all they need, there really doesn't need to be any variation in costumes. But that's just me.