As a result of a blog post a couple weeks ago by Dean Trippe, it seems like everyone is taking a crack at redesigning the girl of steel's costume, in a response to DC's current efforts to whore her up as much as possible. For the record, I've always thought the folks at DC did a pretty good job with her costume, and I especially dug the Timm version that was used in the various animated series, even if it does seem slightly dated, I suppose, ten years on.
Anyhow, I decided to play along and take a crack at it, and I'm pretty pleased with the results. I started with a bunch of sketches, and about halfway across the page I settled on wanting her to have a sort-of "Street Angel meets Supergirl" kind of look, a little more grounded in reality (hence, the hoodie). Also, I tried to beef her up a bit, although I'm not sure how much of that came across in the final version.