This image has been making the rounds recently on Michigan blogs and recruiting websites (click for larger image):
Assuming that those are the real jerseys, and not a prototype, I'm pretty pleased with the overall look. I know some people will take issue with the road jerseys, especially the yellow stripe at the bottom, but Michigan fans never seem to be very happy with the road whites anyway.
Leave your thoughts in the comments, and feel free to post any links to better pictures of the jerseys if you can find them. I still haven't come across a full picture of the authentic road jerseys.
Source: Rivals ($)