He certainly gains zero points for his fashion sense.  Captain Ultra auditioned for the Frightful Four and was almost accepted until he fainted dead away at the sight of a lit match.  Captain Ultra is comic relief, pure and simple.

However, for comic relief, he's pretty tough.  He can lift/press 9 tons, has x-ray vision and can fly at 60mph.  Apparently he is also a trained plumber.

This image of Captain Ultra as well as source information is taken from the Official Handbook of the Marvel Universe, 1985 edition.  Used without permission.  Captain Ultra is the property of Marvel Comics Group.

Villains & Vigilantes

S 58, E 20, I 8, A 12, C 12, 180 lbs., Level 2

Heightened Strength B:  +48
Heightened Endurance B:  +8
Flight:  60mph, PR =1 per hour
Heightened Senses:  X-Ray vision.  He can see through any substance except lead, penetrating up to 20 inches of material.
Phobia:  He faints for 1d8 minutes at the sight of any flame, even one as small as a match.
Psychosis:  He has horrible fashion sense.

Basic Hits 4, Carrying Capacity 17,741 lbs., Basic HTH 3d10, Hit Modifier (4.2) (2.2) (0.9) (1.3) = 10.8108, Hit Points 43, Power 98, Move 90" ground, Healing Rate 2.0, Damage Modifier +0, Accuracy +1

Living Legends 

PHYS 29, (STR 56), REFL 11, DEFT 7, INTL 7, COOL 7, VITL 16, Mass 82 kg (d4 Mass effect)

Flight: Acceleration 20", top speed 96" (16) [16 CP]
Heightened Senses:  Sight has the Penetrating Enhancement, allowing him to see through any substance except lead [6 CP]

Weakness (Compulsion): Faints dead away at the sight of any flame, even one as small as a match (Common, Resist/Recover 8+) [+25 CP]
Weakness (Distinctive): Horrible fashion sense (INTL 3+, Disguise 4+, unattractive) [+15 CP]