I present my custom Thor! I have been working on this figure for a year and a half.
I took a Doc Mego body, made the legs buffer, then took a cast of a Remco chest, then added some wrestler arms. The head is a Thor head copy that I sculpted the hair and helmet. The wings are off of some wedding cake doves. I had to sculpt the lower part of the wings. I made the costume, used Cast Away boots with craft foam for the top and craft foam for the belt. I used some vinyl for the belt buckle and the black stripes on the boots.
The Silver dots are stickers I found in the scrapbook isle of Hobby Lobby and painted silver. The final piece, the Hammer is from the five inch boxed Avengers set. The hammer was way too big for that figure, but I think looks just right for Mego sized! Plus it has the writing on it.