We've put out a new update this weekend - some concept art, and also a work in progress shot of part of the character creator.
This is the screenshot, which also shows a bit of our GUI - both the environment and GUI are being designed to eventually display visual indicators related to the player's choices regarding their initial alignment choice and choice for the origin of their superpowers:

And this is the concept art that it's being based on:

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And here's a quick overview of the top row button functions:
ALIGNMENT – Choose from one of three alignments – Hero, Villain or Freelancer. This choice determines the kind of stories and content game will send your way, as well as how the game world will react to you. Your actions can also change your alignment over time.
ORIGIN – Choose the origin of your powers as the first stage of a 3 part origin selection, with the other 2 stages refining your origin further. All these choices affect the kind of stories and content that the game will suggest to you, as well as how the game world reacts to you.
ARCHETYPE – Choose from one of 6 Archetypes that offer different types of gameplay experiences. Every Archetype is divided into 2 Classes which offer you further choices in how you want to play the game.
POWER – Choose from a wide variety of Power Themes to apply to your Primary and Secondary Power Forms, as well as supplementing your choices from the list of Auxiliary Powers.
SKILL – Choose from a number of predominantly non-combat skills that will offer you several different ways of approaching and playing through the stories and content.
TRAIT – Choose a number of Traits to further refine your character concept – each positive Trait must be balanced with a negative Trait. Because Traits can have a significant effect on how you engage with various enemies and challenges in the game, the system is entirely optional.
BODY – Choose your gender, then use the body sliders to morph your shape into the one that best suits your character concept.
COSTUME – Choose your costume and customize its colors, textures and patterns.
CUSTOM – Choose more customization options, including the coloring of your powers and the types of animations they use.
SECRET ID – Choose to keep your superpowered identity a secret, and create a civilian disguise that will affect how the game world reacts to you. Because Secret IDs can have a significant effect on how you engage with various enemies and challenges in the game, the system is entirely optional.
REGISTER – Choose your name, and enter Titan City to begin your story.
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We've also got some concept art for player costume sets:



And some environmental concept art:



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For more information on the project, you can visit the official “Heroes and Villains” forums, or follow us on Facebook, Twitter and Google+:
Official forums:
http://www.heroes-and-villains.com/phpb/index.phpFacebook:
https://www.facebook.com/HeroesAndVillainsMMORPGTwitter: @Plan_Z_Studios
Google+:
http://goo.gl/7QSVbN