The drawing is great, the design is just fantastic, and I swear, if Dick really wore that, he wouldn't need to fight: the entire legion of fangirls would take care of the bad guys just trying to get to him.
If you don't mind, I'm adding the pretty boy to my fav list.
I always thought that the story Batman: Speeding Bullets (wherein Superman is adopted as a child by the Waynes, is promptly named Bruce, and has the whole Batman shtick happen to him) could have done a lot better by modeling the costume on a Nightwing with a cape. As a matter of fact, this picture and the other, detailed costume really make me think of my original idea along those lines. Basically, it works better because Nightwing WAS in many ways a mix of the two. Very strong and noble, a mere human with some fancy tools and great martial arts and acrobatics, yet with a hopeful quality that makes him easy to trust and makes him a good leader as opposed to being the loner in the group.
Still think that a 'condensed' DC universe, wherein each character is combined with another character, with the big figure being a combined Superman/Batman named Nightwing would be awesome. Just saying...