|Image from Brickpedia|
From the original minifig, I only kept the kerchief, head and hat. I thought I could get away with turning the torso around to make it solid black, but the bandoliers are printed on the back too! This was actually a good thing as it made me get a "suit" torso which looks much better than solid balck would and it has black hands which are better than the brown here. I also ordered a black cape, black legs and a pair of pistols that look more like The Shadow's .45's. They were originally yellow but a little silver paint transformed them to complete the silver plated .45 look. The cape is a tiny bit problematic because of it has to fold under the kerchief which causes one side to flair out.
All in all, getting the parts cost more than the figure itself but the results are better than I could have hoped. I bought all my parts from eBay seller sammy36496 and they get a high recommendation from me! They have a Facebook page where they encourage you to post your customs.
I went a little crazy taking pics of The Shadow because I was having fun with a couple of different flashlights and camera effects. Enjoy! And if anyone can clue me in on the trick of getting more than one photo on the same line, please let me know, it's driving me crazy.
The first one was backlit with a flashlight and enhanced with the ThumbaCam app on my Windows phone to get that smoky look.
This last one is my favorite because of the shadow being cast