Yeah, the MGS2 HD rendering is really nice looking, probably the most "attractive" male character as far as renders go. He's definitely no Solid Snake, but I honestly think I prefer him to Naked Snake.
Hot Toys really has the chance to do something awesome here, as isn't a whole lot of room for MGS customs because of the elaborate costumes (aside from MGS1 anyway). So far they don't seem to be handling the MGS property as well as they could, but I have faith at this point. MGS5 could turn out to be a young Solid Snake title, and that might bode well for us. I'd love to see Solid Snake, Liquid Snake, and Raiden made asap.
The MGS2 HD render, I love how the Skull Suit is done, it's so realistic looking. As with all the HD renders, it makes the characters seem real, the different materials of the outfits is phenomenal. And so far, HT has done an excellent job capturing that in 1/6 with Boss and Snake. That's why I'm glad they did those two, because like you said, the outfits in MG are so elaborate that they are hard to customize and look right on, and not like a custom if that makes sense.
And I agree, I think all of us do, that HT is handling it poorly at this point. A line with so much potential for success, awesome character designs that would translate into awesome figures and they are really dropping the ball. Hope they prove us wrong!