This is a bit of a backward version of the Peace sign. It has been an extremely popular version of for me. Those who aren't so much into the multi color (as they put it..."Hippy") yet enjoy vibrant color & design, fall in love with it.
This particular one is a youth T, but I do LOTS of adult sizes too like this one

. It's not difficult to tie, just a bit more time consuming than the crinkle...but aren't all design ties? I personally prefer the crinkle background than the continued ring version as we've seen with hearts, mushrooms etc. Most of my tied design pieces are finished with the crinkle.