I'm somewhere in between. One of my favorite takes on the Goblin is this old 12" figure from Toy Biz.I saw this Goblin design from the Future Revolution game. The more they go towards this armored look the less I like it. It's an okay redesign that reconciles his tech with his costume design, but I like my gobby more in the Halloween costume direction than advanced battle suit.
It's got armor for protection, but feels very thrown together, like he's combined bits and bobs he found along the way. I guess that's why I dig the final battle aesthetic from NWH; it's more futuristic than the figure above, sure, but it's a nice reconciliation between the Raimi suit and something that's more chaotic.