This is a darling pose, with Kermit holding Piggy close and dipping her down so that she is looking up at him. It is my
impression that Kermit is wearing a leather jacket, and a leather captain's hat, much like the one that Piggy wore in Leader of the Pack when they performed it on The Muppet Show. This is is grayscale, so I cannot say for certain if Kermit is wearing
just the jacket, or if he is wearing blue jeans, but I get the impression that he is wearing jeans.
Piggy arms are around his neck and she is smiling up at him in wonder. Her hair is long and down, with a little curl on the end like seasons four and five of TMS. She looks like she is wearing a leather skirt, and perhaps a leather cropped jacket. I'm not sure if what I'm seeing is her bare midrift or if she is wearing a light colored shirt or sweater, but Kermit's right hand is on her waist. His other arm is around her shoulders, and he appears to have a strong hold on her, as though he doesn't intend to let her wriggle away. His expression says the same thing.'
Piggy's look of playfulness and wonder echo the sentiment in Kermit's face--He's really holding on to me! He's really wants to hold me!
Another lovely work, Lady Piggy. Here is my only criticism, and while it is slight, Piggy should not be. Please don't be afraid to show Piggy in all the plump lushness of her figure. Artists and doll makers often maker her figure too slight. There is a lot of her to admire, a genuine embarrassment of riches, and--while Kermit might joke about it and tease her to get the upper, er, flipper--he doesn't really have any trouble holding her, dipping her or cozying up to her curvaceous form.
(Is this from their 50's show in Vegas? That's what it put me in mind of!)