It doesn't look as bad as the designs suggested, though why 'UNITED KINGDOM' is painted in gold when it could have been dark blue (if needed at all- doesn't the Union flag design give it away?) is beyond me. And why have the serial in such big letters in such a prominent place? It could have been tucked away on the red band under the tail. Unless it is allow taxpayers to note that they have only repainted one aircraft in the new scheme.
Apart from those niggles I'll take it.