If you read the old archives pre release of the Hood on spyderco.com, you'll see much anticipation. Once experienced many didn't care for the down side. In tip down, the Hood is very much in the way for anything else in the pocket. For tip up, it acts as a random wave feature that opens the blade when not desired and for potential damage.
Maybe a "Half-Hood", where it only protruded on one side. Make the hood completely reversible for left or right pocket carry.
Or a "Mini-hood with approximately half the protrusion on each side, although at that point it might be a "why bother?" maneuver.