Looks like armor to me. however if you add foam to it. liek details it would bring out the AVP,ness in the armor much better. i like what you did with ur wrist blades though. you'll get it lookin leet eventually man.
I'm getting the armor vibe too. You need to add more details to bring out what you want. I agree that some foam or foamies would help out the look.
Some creative use of a black marker will bring some things out too, especially on the gaunlet! I'd say put lines on the blades to make them 'pop', add some lines and put 'dodads' on the gauntlet too. Don't underestimate the power of drawn on detail. If you combine that with adding some foamies then you'll be lookin' great in no time.
Oh, ya. Stencils and spraypaint do wonders too. Cut out details and you can reverse them for the other side.
Here's an example of the highlights on the blades I'm talking about.