My issue with most costume redesigns are that they largely forget who the characters are at their core. Wonder Woman is an Amazonian warrior first and a superhero second. This costume does not make her look like a warrior or a hero. In fact she looks kinda slutty with the choker and the gloves. Wanna bet she has a tramp stamp and a pierced tongue too. The bottom line is that it looks trendy and completely loses the iconic appeal of the classic costume. Try again DC.
Below - Classic costume by the great Adam Hughes!
Below - Two great redesigns of Wonder Woman that cover her up a bit more while maintaining her essence. The first one is by the wonderful Ming Doyle. She's awesome right! The second is by the incredible Joe Quinones. He's a bad boy!