I don't pay much attention to the competitive side of things, but it is nice to see players using him and making strides.
I just think he's a cool character. I actually think if his default look got a bit of a makeover he'd be more popular too. (And still have his original outfit as an alt.)
I think the Blanka matchup alone ruins him competitively. It's that bad.
If Blanka wasn't in the game he'd be pretty good in Ultra.