Okey so I am done with this, finally. I was learning allot as I went along doing this so I have put something like 50-100h on this. Not sure really.
It is modelled and rendered in blender, postwork in photoshop.
Thanks to the guys from the forum giving me feedback while doing this. it helped.
There is a larger version on http://holmen.deviantart.com/art/the-Masked-Villain-95657025
Thought it might be fun to see the actual geometry.
Very nice!
one thing though:
the lips look too long in some way.
you might want to change that.
Good job
Cool, cool. The style seems a little… just… 3d ya know? I dunno, just seems like it has no definate style, but I never was good at critiquing stuff 
Good stuff