Well, though I loved how the Wal-Mart exclusive Loki looked in package, I was a little bit disappointed when I got him open since he had some pretty limited lower leg articulation.
I set myself on fixing his legs, so I reset his hips to a 90 degree angle, then added in boots with calf-swivels and ankle tilts. Plus I wanted him to pop out a bit more so I repainted the whole thing. Also I dremeled out the rings hanging off his belt and added some studs to his pants. Not a lot of room for that hip mod though. Ended up dremeling a cavity for them, reinforcing the recess with epoxy, then adding some rubber stoppers for friction. Had to add something since the joint needed some good tightness to resist the rubber loincloth pieces pushing the legs back in place. So now he can sit down and hit action poses a lot more naturally.