Not a big can of the outfit overall, but I could see a lot of good fodder. Great head, skimpy white top, super short jean shorts. All things I could see using.
As a side note, Poison, the character this is based on, is actually supposed to be trans-sexual. It started as a whole thing with changing the character's gender when they brought it to the US (the game designers thought that players would be more comfortable beating the character up if it was a woman who used to be a man, instead of it just being a woman) and for years Capcom was really coy about the answer, while it was the subject of much fan debate. But in 2007 a representative at Capcom said in an inteview "In North America, Poison is officially a post-op transsexual", but that "in Japan, she simply tucks her business away in order to look like a girl." So there you have it. The more you know!
Thankfully, there's plenty of Phicen parts you could throw in her shorts, if you wanted to go the Japanese canon route.