Here's concept art for the new SyFy pilot based on the Phantom. Now I grant you, it doesn't make a lot of sense to run around the jungle in a dark purple leotard with your underwear on the outside . . . but this here is not working for me. Maybe add a domino mask and some high boots?
And hopefully the lead actor will not show up to work with little stick arms as depicted in the concept art. Your friend Billy Zane hit the gym in an era when most guys were relying on the Michael Keaton bodysuit to play superheroes.
But cast Bruce Campbell as the retiring Phantom Sr. and all will be forgiven (though at this stage of his physical collapse, I hope they don't put Bruce in the leotard).