The Billy Zane flick is campy and has a lot of plot holes, but it has its fun. I do however hope there is a quality adaptation someday! I suppose its easy for some just to latch onto the pirates and absurdity of the purple suit, but there's much more to the comic than that. I still have the old Four Color and Harvey Hits and Gold Key editions. My Dad swears by the Phantom, though I must confess I've always preferred Flash Gordon. There's another guy who's do for a proper telling. ;0)
ETA Wasn't there supposed to be another Shadow movie or a Mandrake show with Jonathan Rhys Meyers? The Alec Baldwin Shadow is at least serviceable. Do you believe my Dad still listens to the radio show?