Ugh, I want to just post my design right now, it's close, but I'm gonna stay disciplined and wait until it's ready. Either people will like it or it won't be what they wanted, all I can do is follow what feels right. I know it will go on my machine at the very least. Thanks for the suggestions and examples though, I'm totally open to inspiration. I feel like the direction is pretty set, but that's why I'm not showing it yet, I need to really know it's right. Sometimes you get deep in on a design and turn a 90° on something, and take it in a totally different direction before it's done.
I would call the art style kind of a blend of comic covers 1 and 3 above; somewhere between the hard line work of the first one (which is really colored-in, inked lines, traditional comic style), and the more painterly third one, which is more like Doug Watson's original translite. It's a combination of vector drawing, digital painting, and photographic manipulation. I definitely used the comics for inspiration on the pose and costume.
It's just The Shadow, no other people. Probably will stay that way, he's all I care about. I opted for a more full body pose in the end, so that there isn't a giant head. Like from the knees or so up. Night time city behind him. So basically I'd say if the idea of more of a homage to the comics appeals to you, then you'll hopefully like it. If you wanted something more true to the movie it might not be the right look for you.
I'm enjoying the conversation, and don't mean to be a tease, promise when I'm satisfied I'll show it, and hopefully won't have hyped it too much so that it's disappointing!