Still looks like laminated paper mache, but at this point, I don't care if it does. I'll write it off as some new gen ablative armor or something. I want this in-game, like, now.
One minor gripe: Plates on the neck/head look reptilian, and the belly is very turtle-like.
Actually, another thing that you might want to consider: This Artemis (in its current state) will be the only HTL fighter so far that has no glow maps (except in the cockpit). It'll probably look fine without them, but in-game, it can be useful to stick something on them so that they're not invisible when lighting is low. Of course, I have no idea if that's already planned or what, but just judging by the diffuse, I'm not seeing spots that could have something mapped to -glow.
