She's Out of Those Shoes
Seeing as you contribute tons to this community through your comments I felt that maybe I could return the favor.
First of all .. I really liked this image and thought it should have placed better. As people have said the b&w is great here .. it really sets the mood.
Now before I continue .. I'm not an great photographer ... but I think (or hope) that there is a difference between being able to see/recognize great art/photos and being able to do it. Some are lucky enough to be able to do both. So while I may not be able to take great photos yet (its a skill which I'm trying to develop) I think I know a great photo when I see one. This is one of those photos.
So let me continue analyzing. The first thing I see when I look at the photo is the shoes. I like that they are out of focus and their position and layout. Now this might not make sense .. but I wish they were more in focus but not completely. Right now while its obvious they are shoes they are very blurred and have a black halo around them.
The next thing my eyes are drawn to are the feet. First I see the one that is sideways. The lighting and position on this are perfect. Then there is the other one. I'm not super fond of the position .. my first instinct is to say that I wish it was more like the other one .. sideways so that the arch is visible.
Finally there are the knees .. now you cannot re-crop this to get the knees. The reason I say that is because the shadow caused by them is distracting (IMO). And finally at the edge there is the stocking finish (I think) .. which is a nice touch.
As for the pantyhose I think you chose well they add an interesting texture and color to the shot .. without them this would not have been as good.
Lighting wise what people have said is great.
In conclusion this is a great photo ... the idea is awesome. If you ever decide to reshoot this let me know.