I watched Predator 1 and 2 tonight, the Wolf's body from HT definitely embodies the look from the first 2 films better than any Predator body to date, they're really not all that bulky, more so tall with toned musculature but they're not like alien body builders as the AVP and regular P2 figure suggest.
I've been thinking the same thing. I almost looks like HT was planning to use the redesigned, leaner Wolf body for the P2 figure, but decided to go with the AvP body instead, for whatever reason. Maybe it just wasn't ready in time. It might explain why the belt and armour are such a tight fit on the final product.
Anyway, I'm planning to put the P2 armour on Wolf's new body to see how it fits. Wolf is too nice a figure to convert to P2, but if it looks really good, I may consider getting a second Wolf at some point to convert into a leaner, meaner, more screen-accurate Pu$$y Face. (Too bad there isn't a ready supply of loose HT Predator bodies available somewhere!)
P.S. I'll bet they go with the leaner body for the P1 figure, now that they have it.