I wonder how important gravity is for our organs since the suit won't be able to simulate gravity for them.
Granted, a suit like this sounds great if it can be pulled off. I have always like the idea of a gravity simulating suit. However, it sounds rather complex and prone to failures. The suit is essentially trying pull off the building of an exercise machine around the human body that exercises all the muscles at the same time.
Hell, if it does pull it off, perhaps they should market it for exercise here on earth as well. At the least it would beat the shit out of the Bowflex, even if it did end up on an infomercial for the low low price of 199.99 per payment for six easy payments.