I'd love an MGS1 figure but I highly doubt that we'll ever see it right away.I personally really like the MGS1 suit. Hopefully the LIMTOYS' is gonna be good.
MGS2 design is the one Konami were forcing as the "iconic" one for years.
Heck, I'd expect MGS2 Raiden before MGS1 Snake.
Def not pleather. Most likely vinyl, like most of Medicom's suits. Hot Toys does vinyl suits as well, tho they're not that good.My main concern would be it's pleather and will dry rot after 2 years.