Cartoon Liz. I mean, I know I'm on kind of dodgy ground here, but... this doesn't look like even a very touched-up Liz (if that's your idea of "touched-up"), so much as someone taking a random drawing and deciding to call her "Iron Liz." Other than the style of dress... I cannot pick out a single discernible similarity. Nothing. I mean, this Deviation is almost as stylized, yet that portrait is easy to look at and think "Iron Liz." But... contrasted with this...?
Phil Buni, a friend of hers, draws her how he likes to pretty much. For example draws her as a blonde, she likes the style so that's how it comes out. I don't like his style personally but whatever its her show.