I like it a lot! After all the speculation over how the suit would be updated for the 21st century, we end up with a costume that's pretty much ripped straight from the comics, albeit with 'modern' materials. And that's fine by me because Superman's costume is, IMO, one of the few perfect designs in comic history, and hence does not and should not be "modernized" to fit with changing fashions and fads.
The only thing that's difficult to discern from this picture is whether he's wearing the red undies.