Do you think the Speedo LZR swim outfit should be permissible?

In case you haven’t been following this controversy, here is a good overview article.
In short, Speedo and NASA teamed up to design a swim outfit that essentially eliminates all drag. The suit has been approved by FISA, the governing body of swimming. It is expected to aid the performance of many swimmers at the Olympics this year, and has already been used to set 38 world record thus far this year.