Heres some extra info on the costume. The shaded areas would be black;the glove and boot lining would be white; the V-shape on the chest and the main portion of the boots would be red (as would be the goggles). In case you didn't know it's a variation on his 616 costume.
Maybe. I haven't even drawn him in this costume (there were like 6 different versions before it) since I made this sketch. Maybe I'll do another one tonight. I made up costume designs for Ultimate versions of Wonder Man and She Hulk and was gonna post them tonight, but I was having trouble with Photobucket.com. Plus I'm thinking about posting something in the fan art thread tomorrow.