Well, the idea was to attempt a fusion of the classic and battle network worlds. Taking the battle network idea of entirely digital iterations of the characters, but tweaking their designs to more closely resemble the characters they were based on.
well, this looks more like a virtual classic megaman than anything related to battle network. sure the virtual world idea is still there but the character design is too much classic megaman than battle network.
I'm not going to split hairs here, but really a redesign of a character can look like anything- that's why it's a redesign. By virtue of being a redesign, it is supposed to be largely different from its originator. The entire battle network series is basically a series of DRASTIC redesigns or reimaginings of characters, regardless of how much like their actual inspiration they do or do not look.
Also, there actually are a fair amount of battle network elements at work in this design. The seamless skintight suit look, the helmet's earpieces and visor, as well as the chest symbol. All I really changed was the color scheme, and fattened up the boots/hands.
I don't want to go into too much detail explaining the project, but essentially this version of Megaman.exe has to exist in the same story as my redesigned classic Megaman, and as such I had to make their designs line up to some extent.
I suppose the best description of this design would be a digital version of my Megaman redesign, but ultimately that doesn't really make for a good title, and I wanted to emphasize the battle network connection.