I think the dude looks great. I have seen a lot of recent guest posing pictures of Jay, and he looks awesome. i don't know why when people try to compare the old and the new, they get the greatest picture of 2000 or 2001 and compare it to the worst picture of 2008 when he was offseason, and probably not hitting a pose correctly or in the middle of a transition.
the first picture is great in my opinion. if he wasn't covered in sweat and the lighting was better (like in the gym or something), i'm sure people would have different opinions.
jay always had a wide waist... even when he was a teen... but he's managed to make his shoulders bigger, and his quads speak for themselves.
notice how for the past 6 years, everybody has been saying "jay looks aweful because his back lacks definition... blah blah blah"... now, no one even talks about his back... it's all about the biceps and the quads...
he looks great, period. that's my opinion. should he be mr.O? no... not with dennis and phil around.