that v2 looks awesome, but, could you fix his skinny hand <_< it kinda creeps me out seeing it so skinny.
This. I argued the point over at Smashboards a while back. I know they looked at the Dissidia model a lot in their design of this Ike hack, but even in the Dissidia model, his physical arm definitely does not get smaller. That's just the way Nomura's art looks. That, and the bangles themselves start out larger at the edges and get thinner as they go in (which is creating the illusion that was perceived as "he has a tiny arm"). The arm under all of that is the same (it's not like he's got some gimp arm or a robot arm or something), and accordingly should be no smaller than his right arm.
Liking some of the other stuff seen in the V2 though, like the updated sword and shirt (although when I watch some footage, it seems these changes have already been implemented in v1? I'm referring to the lack of a zipper on the shirt, and the holes in the sword). I still wish his shoulder pad was edited to be shorter to more resemble the FFVII design (and not the Dissidia design). I don't think the limitations of vertex hacking allow for a very accurate recreation of his Dissidia shoulder pad. As far as the hair goes I'll reserve judgment until V2 is finished and there are some better pictures.
Also, they're making the sword longer? I'm fine with it how it is, especially if the hitboxes still appear correctly... I hope they still keep a version with the shorter sword D:
And of course, great job overall on the whole thing still. I've been wishing more hacks would come out like this (vertex hacks to create new characters, there's tons of potential!). You guys have released a great first version and it looks like future revisions are certainly coming along.