Stocking, from the anime series Panty and Stocking with Garterbelt.
I haven't yet had the chance to watch the anime (as I have a personal policy against fan-subs, I'm going to have to wait for it to come to North America via DVD/BluRay/Digital Download), but it is very high on my list. High enough that I couldn't put it off any longer and decided to try my hand at some fan art.
I decided to try and pay tribute to the design and art-style of the anime, rather than go with my usual style. I also took the opportunity to do a little more practice with digital painting.