This is a creature called "Bablistulsar" that I modeled for my demo reel. Modeled in 3DS Max 5 and textured in Photoshop.
The creature was designed by Teerawat Palanitisena (a concept artist at my school). I believe he goes by the name "Tone" on these forums.
Here are some links to more renders:
Let me know what you think.