It's Scud the Disposable Assassin. I enjoyed the comic book a little back in the 90's, but I really ended up loving the creator's later works, so I just enjoy having an action figure of one of his creations. This is a pretty neat toy too.
All the major joints are represented, allowing for some great posing. The ball joints attaching the arms and legs to the torso are a little loose, but they easily pop back in with minimal problems. The only thing I'm concerned about is that the feet are awkward to balance on, so the figure has troubles standing freely.
The packaging is awesome though. It's designed to be reusable, so you can always stick the figure back in after you're done playing with it.