There has been a lot of criticism of the Archie Comics version of The Shadow, some of it related to the superhero costume they gave him. But he didn't have that in the first issue. Actually The Shadow on the cover is pretty good. But inside he doesn't have the hat and it just isn't the same.
Reblogged from http://heroheroinehistory.blogspot.com/2011/04/reading-room-shadow-vs-rxg-spymaster.html
I never read very many of these, but some of the later comics with The Shadow cause me to disagree with the claim that the Archie series was the worst. D.C. comics actually had The Shadow's head cut off and placed on a robot body... and then they just left it that way.