That's not an alto-saxaphone he has in hand there- it was dubbed his mega-rod, which I've read "was used by Sinestro to transport Hal Jordan to a plane of nothingness by opening boom tube pathways between different locations and dimensions". I have yet to read any of the Justice Leaugue books featuring Alex Ross's artwork, for which after this figure is based, but I did just read Blackest Night, in which Sinestro saw a lot of action. Sinestro's red skin is a trait of his native race, the Korugarans from Space Sector 1417 in the DC Comics Universe.
Like all DC Direct figures, Sinestro's articulation is somewhat limited. His rather expressive hands swivel at the wrist however, which is nice. One could more accurately describe a lot of DC's action figures as poseable statues- they sacrifice playability for aesthetics. There are also a lot of complaints about scale issues between and within different series, unlike with Mattel's DC Universe Classics line which has kept their different waves of figures more standardized. Still, I enjoy the different styles of sculpt from series to series, and try to appreciate them on an individual basis. Sinestro here for example is a stand-alone, exceptional likeness of this diabolical villain we all love to hate- a real work of art, I say!