I've wanted to review a Golden Age comic for some time. The problem comes in the fact that during the Golden Age, much of the language of comics, and the techniques that we take for granted were being formed. This was also before the rise of the Comics Code Authority, so creators were trying things out to see what would sell. This is probably where the salacious aspect of Phantom Lady comes into play. Her costume reveals a lot of skin, especially for the 1940s. No doubt this was part of her appeal. Artist Matt Baker was very skilled at designing a cover that emphasized the visual appeal of the character. However, somewhere along the way, her effectiveness as a character came through. She's one of those public domain heroes that always gets noticed, and always has someone bring her back to use, despite DC Comics making use of the character and enforcing their version of the character. Erik Larsen might have been the most recent creator to incorporate her into his comics, but he did so only briefly.
With the return of the Needless Character Analysis, we feature the Golden Age Phantom Lady. I can hear you saying, "you just did Plastic Man! Another DC character?" The Golden Age Phantom Lady isn't a DC Character, she's actually in the public domain for anyone to use as long as they don't violate DC's trademarks.