Meh. Not a fan of 90s comic aesthetics and I think the ANAD suit utilizes the black and red color scheme much better.

While I liked the look, it could be streamlined and lightened. His abilities are such he doesn't require much protection.

Even With His Hyper Senses' He Still Has A Normal Body. So He Still Needs All The Protection He Can Get; Plus He Needs More Gadgets, Sidekicks And His Own Special Vehicles Too.

Dr. Nice

^He would need to be a less effective combatant to need all of that.

He can dodge and deflect bullets, his skin as most peak human martial artists can resist punctures... Somehow I think relying on armor would punctuate a lack of confidence in one's skills.