Was the artist contacted about having her work used in the mod? That's my main objection with the piece: yeah, the guy is effeminate (although really, only in face in clothes- the body is male), but it is a guy. In the art community, people using ones art and then changing the 'character' was something we throw angry fits about on message boards. If you guys contacted the artist and they said "okay, you can use him and call him a girl", then my objection is withdrawn: I still think a female pic would be better, but my main complaint is that it sucks for the artist to have drawn a guy and then have people claiming it to be a girl especially if they weren't told that was what was going to be done with it.
(To top it off, the picture has a slight blur to it, that I'm not too fond of.)
I like both the 'Elizabeth' picture Opera posted, and the 'Dragon Slayer' one from Dissonance.